1,677 Telkom Group employees have requested voluntary severance and voluntary early retirement packages, according to an internal document seen by MyBroadband.<\/p>\n
\u201cA total of 1,677 requests for voluntary severance and voluntary early retirement packages have been received from Openserve and Telkom Consumer employees,\u201d stated the document.<\/p>\n
Yellow Pages received 53 requests.<\/p>\n
The document stated that 99.6% of the requests from Openserve and Telkom Consumer employees have been approved, and 89% have been approved at Yellow Pages.<\/p>\n
\u201cAlthough the closing date for submission of application for VSP\/VERPS has been extended, the organisation has reviewed the applications already received and in line with the criteria and in consideration of business requirements.\u201d<\/p>\n
Employees whose requests have been approved will be discussing exit dates with their supervisors.<\/p>\n
Telkom offering packages<\/strong><\/p>\n On 23 January, it emerged that\u00a0Telkom would be offering employees\u00a0voluntary separation packages<\/strong><\/a>\u00a0as part of its plan to reduce the number of staff at the company.<\/p>\n Payouts to staff based on the number of years they had worked at Telkom was part of the offer.<\/p>\n Telkom told staff that the cuts will take place in two phases:<\/p>\n Telkom went on to provide reasons for the job cuts.<\/p>\n In the Consumer division, the cuts are a result of the business evolving away from a traditional copper-based service supplier.<\/p>\n It added that its \u201clegacy operating model\u201d is not aligned to \u201cdigital\/mobile customer requirements\u201d.<\/p>\n In the case of Openserve, Telkom said the wholesale division is \u201cseeing continued decline\u201d in its legacy-based technology revenue, with \u201cincreased push from both clients and consumers to move towards next-generation technologies\u201d.<\/p>\n This article first appeared on MyBroadband<\/a><\/strong>.\u00a0<\/em><\/p>\n\n
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