https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Embed Video

Thousands of Telkom employees accept voluntary retrenchments

Thousands of Telkom employees accept voluntary retrenchments
Photo by Bloomberg

31st July 2015

By: Natasha Odendaal
Creamer Media Senior Deputy Editor

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The mass exit of thousands of Telkom employees came as no surprise, trade union Solidarity said this week.

Nearly 2 400 employees had opted for Telkom’s voluntary severance packages (VSPs) and officially parted ways with the embattled company on Friday.

Advertisement

“Given the volatile climate within Telkom, we anticipated that a significant [number] of employees would prefer to leave the company,” said Solidarity head of communications Marius Croucamp.

However, Solidarity raised the alarm on the number of skilled workers leaving the company, questioning what the impact on Telkom would be.

Advertisement

As Telkom grappled to implement a restructuring process to ride out a tough environment, trade unions continued to block the potential job cuts that could impact their members.

Earlier this month, the Labour Court halted Telkom’s restructure process, forcing the partially State-owned group to abandon its Section 189 process in favour of “generous” VSPs for all nonunionised workers, which represented 40% to 45% of Telkom’s workforce members, and examining other methods of curtailing costs.

The packages were made available until July 27.

The now-retracted Section 189 issued in June to unions would have resulted in the retrenchment of around 4 400 employees and around 3 400 more employees being outsourced to other companies or participating in an enterprise development programme.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now