Post office to implement various labour cost containment options
The SA Post Office says it will not retrench staff, but is looking at voluntary severance packages and other ways to reduce labour costs
14 November 2019 - 14:03
The SA Post Office (Sapo) has dismissed suggestions that it may retrench staff to manage labour costs.
This week, Sapo executives bemoaned the high and unsustainable cost base at the cash-strapped parastatal, especially salaries and perks, which eat more than 70% of its revenue...
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