Telkom’s BCX in formal consultations over job losses of 800
BCX is speaking with the CCMA and numerous unions about possible retrenchments, as its pre-tax profits to end-March fell significantly
Telkom subsidiary, BCX has entered formal consultation with its trade unions and the Commission for Conciliation, Mediation and Arbitration (CCMA) on the possible retrenchment of about close to 800 of its 7,489 employees. BCX CEO Jonas Bogoshi said in a statement that it was commencing a CCMA-facilitated consultation process with all the registered trade unions comprising the Southern African Customs Union (SACU), the Communication Workers Union (CWU), Solidarity, the Information Communication Technology Union (ICTU), UASA, the Media Workers’ Association of SA (MWASA), the National Union of Metalworkers of SA (Numsa) and General Industries Workers Union of SA (GIWUSA). News that the enterprise-focused BCX was seriously looking at reducing its head count first emerged in September, and followed Telkom reporting a 19.2% fall in pre-tax profit to R3.15bn, in its results for the year to end-March. Telkom said at the time that the weak economy had a severe impact on BCX’s performance, wh...
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