Retrenchment of 621 staff ends tug-of-war at SABC
Process sets the tone for cost cutting at other struggling state-owned entities such as Eskom and Denel
30 March 2021 - 18:16
UPDATED 31 March 2021 - 22:55
The SABC board has concluded a drawn-out retrenchment process that will result in 621 job cuts, more than double the number of planned redundancies.
The retrenchments at the public broadcaster are important in the broader context of the government’s fiscal consolidation efforts and will set the tone for how the cost-cutting drive proceeds at other struggling state-owned entities such as power utility Eskom and arms manufacturer Denel...
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