https://www.engineeringnews.co.za

Telkom, Solidarity meet to discuss restructuring process

Telkom, Solidarity meet to discuss restructuring process

Photo by Bloomberg

23rd July 2015

By: Creamer Media Reporter

  

Font size: - +

Trade union Solidarity met with troubled State-owned enterprise Telkom Group CEO Sipho Maseko on Thursday to discuss the company’s future plans regarding its restructuring process.

This followed after Telkom initially said the meeting with Maseko would only take place on condition that unions agreed to the extension of voluntary severance packages to unionised members.

“Solidarity indicated that it first needed to discuss the terms of the packages with Telkom, after which Telkom suspended the meeting with Maseko. However, Telkom later withdrew the precondition,” Solidarity communications industry head Marius Croucamp said.

The Labour Court earlier this month ordered Telkom to halt its restructuring and retrenchment plans, which would have affected nearly 8 000 employees, until it could reach a settlement with trade unions regarding the plans.

This prompted Telkom to abandon its Section 189 process in favour of offering voluntary retrenchment packages to nonunion members and the implementation of restructured working terms to continue its cost containment programme.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Showroom image
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.115 0.164s - 137pq - 2rq
Subscribe Now