He said during the planned strike, workers would also call for a moratorium on job losses. Banking sector employers should clarify how they planned to deal with the fourth industrial revolution and what was being done to help upskill workers, Kokela said.When the union announced plans for the strike earlier, Kokela said Standard Bank planned to retrench 6,000 employees, Nedbank 3,000 employees and Absa 878 employees.
However, Standard Bank poured cold water on the claim and Nedbank told BusinessLIVE that it did not have plans to cut 3,000 jobs.Kokela insisted at the time that his figures were correct.Sars said the anticipated protest action might affect transactions related to tax payments and refunds. “The SA Revenue Service would like to ensure that the effects of the strike on these transactions is minimised for both the taxpayer and Sars.
“To this end, taxpayers are encouraged to submit their payments two business days in advance and, similarly, conduct any tax transactions that may result in a payment to Sars two business days in advance,” it said in a statement on Monday.
The banking sector is undergoing a huge transformation mainly from counter/ teller to ATM, EFTand Internet transaction. This is mainly for convenience and SAFETY. As a result it needs to shed branches and staff. Many are already doing transactions from the safety of their homes.
This exactly y say unions should be banned in this country . They got no idea of how a economy works . Banking sector retrenching ppl so lets strike cause more damage to the economy. 🤔🤔🤔
Jobs are lost bc the economy is in the shit. Welcome to the world of economy . How it really works
It's about time
really, who cares
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