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.

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.

Source: News Formal (newsformal.com)

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