Solidarity asks for moratorium on looming Telkom retrenchments - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Solidarity asks for moratorium on looming Telkom retrenchments sabcnews

Telkom SA says the job cuts will affect its wholesale division Openserve, consumer unit as well as its corporate centre.at Telkom. The telecoms giant has notified unions that up to 3 000 workers could lose their jobs as it struggles with declining performance in fixed voice and data services. Telkom SA says the job cuts will affect its wholesale division Openserve, consumer unit as well as its corporate centre.

In a letter to unions, Telkom says the planned job cuts will be managed in phases, with phase one starting immediately until April. Solidarity Strategic Specialist Morné Malan says, “There are times when retrenchments are necessary- that is when the sustainability of the company is being threatened. On the other hand, we believe that these particular retrenchments which are unwarranted, threaten the very sustainability which they promise to protect.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Telkom to shed 3000 jobs as mobile surges | IOL Business ReportParastatal Telkom intends to axe 3 000 of its workers as it grapples with increasing debt and a decline in the fixed-voice market in a tight economy. busrep busrep Another SOE fail.. busrep Sometimes hard decisions need to be made to save the whole . busrep I blame people
Source: IOL - 🏆 46. / 51 Read more »