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Mobile network operator, Telkom, has announced its intention to begin a formal retrenchment process that could affect 15% of its workforce.

The group has indicated that it would initiate cost-cutting measures as it looks to restructure some of its operations.The General-Secretary of the Communications Workers Union Aubrey Tshabalala says they have identified a trend where Telkom implement retrenchments as a way to reward executives.

Tshabalala says, “At Telkom we are looking at just above 2000 workers, if you have to include some of the small subsidiaries of Telkom. I also have to indicate that Telkom sent us an invite to a meeting just an hour before the meeting yesterday where they eventually announced that they are intending to retrench these workers.”

“In the previous years, just after the retrenchments, bonuses were given to the CEO and executives. If this is not stopped, in 2025 we will be experiencing the same thing where Telkom will come with the same excuse because that has been the business model that they have been using,” he adds.

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On top of that their network has been nonexistent for the last 5 days

It is due to your poor service that you give to your customers I am not surprised with this I personally I owe telkom three phones due to their poor service I endup not paying anymore I am not proud of that but due to their services

Another 10 000 members to march on eff march day

Ramaphosa's legacy.

Let your vote 🗳️ talk next year, we been sold false promises, thuma mina 🫵

Sad hey. Keep voting ANC 👍. Your lives will get better

Disaster!

Whhhaaaat

Ramaposa the new dawn ...the media sold us false hope as a country and now they are so quiet about their president

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

Telkom may retrench 15% of its workforce in latest round | BusinessSA's third biggest mobile operator Telkom said on Tuesday it will begin workplace consultations on internal restructuring that is expected to affect 15% of its workforce. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »