• News
  • Sport
  • TV
  • Radio
  • Education
  • TV Licences
  • Contact Us
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION
No Result
View All Result
1
Home Business

Numsa says Telkom is unable to justify its retrenchment plans

9 February 2020, 9:01 PM  |
Wisani Makhubele Wisani Makhubele |  @SABCNews
Telkom

Telkom, in which the government holds a stake of about 39%, has over R11 billion worth of debt and is struggling with declining performance in fixed voice and fixed data services.

Telkom

Image: Reuters

Telkom, in which the government holds a stake of about 39%, has over R11 billion worth of debt and is struggling with declining performance in fixed voice and fixed data services.

Metalworkers union Numsa says Telkom has been unable to justify why it plans to retrench 3 000 workers. Following a two-day consultative meeting facilitated by the CCMA, the union says it is not convinced that cutting down on the workforce will address stiff competition that Telkom management has cited.

This comes after Telkom, in which the government holds a stake of about 39%, has over R11 billion worth of debt and is struggling with declining performance in fixed voice and fixed data services.

Numsa Spokesperson Phakamile Hlubi-Majola says the Telkom management has also failed to substantiate the reasons the company is losing so much revenue.

She says Telkom is operating on both fixed line and mobile data and its competitors only focus on mobile data.

“Furthermore, the presentation failed to address how Telkom intended to attract new customers or increase revenue. They were unable to say exactly what steps had been taken to mitigate against this. We remain unconvinced that the cutting of so many jobs will improve Telkom’s core issues. A smaller workforce will not make it more competitive. If anything, it will mean it is unable to service the public and its customers, something which it is already struggling to do with the current workforce which it has,” says Hlubi-Majola.

Watch a related Telkom retrenchments video below:

Share article
Tags: Phakamile Hlubi-MajolaTelkomNumsa
Previous Post

Tunzi hints of SA hosting Miss Universe

Next Post

Eskom lifts Stage 2 load shedding

Related Posts

Eastern Cape’s unemployment rate falls for third time in a row

25 March 2023, 5:46 PM
Workers wearing protective masks are seen at the reception with an electronic board displaying major indices at the Johannesburg Stock Exchange building in Sandton, South Africa, November 5, 2020.

Shares of South African food producer Premier surge 11% on debut

25 March 2023, 1:04 PM
The union members will picket outside Makro stores across the country for ten days.

SACCAWU accuses Massmart of dismissing workers for participating in strike

24 March 2023, 9:34 PM
Minister Ramokgopa  visits the Ankerlig power station in Atlantis.

Delays in maintenance at Koeberg power plant could affect load shedding: Ramokgopa

24 March 2023, 7:25 PM
[File Image] : Mine workers are seen at the Northam Platinum's Zondereinde mine in Limpopo province, South Africa,

Northam Platinum shares fall 8% after miner skips dividend

24 March 2023, 4:04 PM
SACCAWU members marching to Makro in Tshwane for decent wages and job security.

Makro workers march for higher pay, demanding a 6.5% wage hike

24 March 2023, 1:54 PM
Next Post
Loadshedding

Eskom lifts Stage 2 load shedding

Most Viewed

  • 24hrs
  • Week
  • Month
  • Unions set the record refute wage settlement agreement reports
  • UPDATE | Court hears evidence regarding Zuma’s medical records
  • SABC News crew attacked on N2 while monitoring protests
  • BREAKING | EFF members arrested after clashes with police in Braamfontein Sunday night
  • 320-ton steam generator removed at Koeberg Power Station
  • Corporates prepare for a possible national blackout
  • Unions set the record refute wage settlement agreement reports
  • UPDATE | Court hears evidence regarding Zuma’s medical records
  • SABC News crew attacked on N2 while monitoring protests
  • Wits SRC sued
  • Correctional Services confirms Thabo Bester ‘Facebook rapist’ is on the loose
  • Frustrated Robertsham residents say their taps are still dry
  • Putin says Moscow to place nuclear weapons in Belarus, US reacts cautiously
  • NUMSA expresses shock over the murder of Cloete Murray
  • Government must change its strategy to end energy crisis, says Floyd Shivambu

LATEST

  • South Africa

LIVE: Basic Education Minister Angie Motshekga addresses the media


Manchester United fans inside the stadium before the match as a limited number of fans are permitted at outdoor sports venues.
  • Sport

Qatar’s Sheikh Jassim submits improved bid for Manchester United


Russian President Vladimir Putin
  • World

Putin says Moscow to place nuclear weapons in Belarus, US reacts cautiously


A view shows tents at a temporary camp where African migrants have lived since what they say authorities urged landlords to force them from their homes, near the International Organization for Migration (IOM), in Tunis, Tunisia March 22, 2023.
  • Africa

Nineteen African migrants die when another boat sinks off Tunisia


African National Congress (ANC) flag seen at a party event.
  • Politics

‘Mangaung Metro will soon have political leadership’


Minister of International Relations and Cooperation, Dr Naledi Pandor.
  • South Africa

Minister Pandor says African women should emulate Charlotte Maxeke to uplift others


Weather

  • About the SABC
  • Contact Us
  • Jobs
  • Advertise
  • Disclaimer
  • Site Map

SABC © 2023

No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION

© 2023

Previous Zozibini Tunzi Tunzi hints of SA hosting Miss Universe
Next Loadshedding Eskom lifts Stage 2 load shedding