SAA says its starting restructuring that may cut its workforce by a fifth

The proposed restructuring will include all SAA divisions and departments, but excludes subsidiaries SAA Technical and budget airline MangoIn a move that’s likely to put it into conflict with trade unions, SAA, the state-owned airline that is relying on government bailouts to stay afloat, is starting a restructuring process that may cut its 5,146-strong workforce by almost a fifth.

The airline, which received a R9.2bn lifeline in finance minister Tito Mboweni's medium-term budget policy statement in October to help it settle debts that it isn't able to roll over because banks won’t lend to it, has started a consultation process with employees in line with section 189 of the Labour Relations Act, acting CEO Zuks Ramasia said in a statement on Monday.

Landles64023942 Only black workers will suffer

Long overdue!!

Based on what strategy, research, research did Thuma Mina see itself create over a million jobs in a period of 5years, we are in a period of advanced technology, atleast He could've been a bit realistic.

Hope they start at the top, poor management. It is not the workers fault

Like Numsa_Media and AUSA will allow that. MYANC are the unions biotch and will Buckle the the unions will

DrMbathaa The poor are always the ones that pay dearly and the corrupt thrive

Jizas👀

But the President is trying to create more jobs? How does this formula work?

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