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MTN to retrench up to 850 managers

5th September 2014

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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Telecommunications group MTN plans to shed about 847 managerial staff by the end of October owing to weak earnings and growth, trade union Solidarity announced last week.

Solidarity head of communica-tions Marius Croucamp said employees had been alerted of MTN’s planned retrenchment programme in a Section 189 notice.

MTN chief resource officer Themba Nyathi said the move formed part of the company’s continued review of its cost struc-tures, including employee costs, to ensure “better alignment” with revenue performance and the changing needs of the business and its clients.

“MTN South Africa has begun a process of internal staff con-sultations on a proposed organ-isational restructuring for better efficiencies.”

Solidarity also slammed MTN’s failure to mention in its letter that registered trade unions may represent their members during the lay-offs.

“Solidarity will meet with the company’s management regard- ing the planned lay-offs shortly. We will then officially raise objec-tions to the employer’s failure to inform employees that they are entitled to receive assistance from their trade unions during the process,” said Croucamp.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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