Post office to cut jobs to ensure its viability
At present, more than 70% of the Post Office’s revenue is being gobbled up by salaries and related perks
12 November 2019 - 18:03
Executives at the SA Post Office (Sapo) have bemoaned the high and unsustainable cost base at the cash-strapped parastatal, especially salaries and perks, which gobble more than 70% of its revenue.
Sapo executives told MPs on Tuesday that a process was under way at the parastatal aimed at reducing staff numbers and increasing productivity...
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