Minister Pravin Gordhan’s stance at a board meeting of the bankrupt SA Airways has sent shock waves, the councilors as well as the shipping company’s worker are totally stunned by the so-called “business rescue position” that will be exercised without any delay. The minister also confirmed in a statement that the board of the airlines has..
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SAA’S business rescue position – Bankrupt SOE will be restructured,no further bailouts to be handed out – Are their wings finally cut?
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Farmer Cyril is also affected by poor economic conditions – 22 of his 46 workers are laid off
MultiChoice plans to cut 2,194 jobs – Seems like the pay channel is losing revenue after the Ghoema and Steve Hofmyer debacle
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MultiChoice may retrench over 2,000 employees in its call centres and walk-in customer service centres, according to a statement from the ICTU trade union. ICTU spokesperson Thabang Mothelo told MyBroadband that the plan was put in place without the union being consulted, and they are convening urgent meetings to address the issue. In a statement..
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Netcare intends to retrench more than 500 staff in an effort to limit spending due to poor economic conditions in SA – Many families will be affected due to the ANC regime’s negligence in managing the country efficiently
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The hospital group, Netcare, is planning to retrench more than 500 employees in an effort to limit spending due to economic downturn. Netcare’s Ramasela Mokonyama confirmed that retrenchments will be made and that notices are being sent to staff passing them information on the intended action. Personnel dealing with patients are not affected, but retrenchment..
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No wonder the state broadcaster’s debt collection agencies are so busy these past few weeks – SABC is in big trouble and have a shortfall of R1 billion to pay salaries
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The possibility exists that the SABC will have to retrench several hundred workers as part of its restructuring process. The proposed retrenchment of thousands of employees is to cut the R3,1 billion salary account of this sinking state entity. There is a big concern from the liberal press that the SABC will not survive this..
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