{"id":414435,"date":"2020-07-08T09:22:21","date_gmt":"2020-07-08T07:22:21","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=414435"},"modified":"2020-07-08T09:22:21","modified_gmt":"2020-07-08T07:22:21","slug":"saa-labor-unions-accept-severance-packages","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/414435\/saa-labor-unions-accept-severance-packages\/","title":{"rendered":"SAA labor unions accept severance packages"},"content":{"rendered":"<p>Labor unions and representatives of non-unionized managers and ground staff at South African Airways agreed to accept voluntary-severance packages before the state-owned carrier\u2019s proposed restructuring.<\/p>\n<p>Only the South African Airways Pilots Association hasn\u2019t agreed to the plans, and will pursue a parallel process to consult the airline\u2019s administrators, the Department of Public Enterprises said in a statement.<\/p>\n<p>Six other unions, including the National Union of Metalworkers of South Africa and the South African Airways Cabin Crew Association, endorsed the offer following talks on Tuesday.<\/p>\n<p>Employees who stand to lose their jobs will be supported by a social plan and skills development programme.<\/p>\n<p>Around 1,000 South African Airways staff will be retained and roughly 2,700 jobs will be cut, the department said. Those being dismissed will have access to the voluntary-severance packages after creditors approve the airline\u2019s business rescue plan.<\/p>\n<p>SAA was placed in a local form of bankruptcy protection in December. After frequent clashes between the government and administrators over restructuring proposals, a plan was announced last month to avoid liquidation and lay the groundwork for a revamped carrier.<\/p>\n<p>The rescue plan would require at least R26.7 billion ($1.6 billion) of state funding.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/government\/411529\/government-and-unions-at-loggerheads-over-saa\/\" target=\"_blank\" rel=\"noopener noreferrer\">Government and unions at loggerheads over SAA<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Labor unions and representatives of non-unionized managers and ground staff at South African Airways agreed to accept voluntary-severance packages before the state-owned carrier\u2019s proposed restructuring.<\/p>\n","protected":false},"author":59,"featured_media":289064,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26,1675],"class_list":["post-414435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline","tag-saa"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/414435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=414435"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/414435\/revisions"}],"predecessor-version":[{"id":414437,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/414435\/revisions\/414437"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/289064"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=414435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=414435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=414435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}