Union Solidarity says that the latest round of retrenchments by Telkom will see 345 managers sacked by the group.<\/p>\n
The retrenchments form part of the group’s \u201cFit for the Future\u201d project, which includes management structure changes and job cuts affecting up to 2,635 management staff.<\/p>\n
According to Solidarity, it consulted with Telkom on 19 and 24 June 2014. During the first meeting, Telkom said that remuneration package would be calculated as follows with a minimum of four weeks\u00a0 remuneration.<\/p>\n
At the meeting on Tuesday (24 June), Solidarity noted that Telkom kicked off by presenting new structures with the changes made in response to inputs from employees.<\/p>\n
“This new structure has already been approved by the board,” Solidarity said.<\/p>\n
“Again, the old structures were not available and we did not have an opportunity to ask questions about why jobs changed or were reduced,” the union said, adding however, that Telkom argued that it was impossible to compare the old structures with the new ones.<\/p>\n
The telco, it said, undertook to go out of its way to have the information available at the next meeting, which is still to be scheduled.<\/p>\n
The staff totals of the respective units were presented to the trade union, however, noting that Telkom intends to only retrench 345 managers.<\/p>\n
Division<\/strong><\/td>\n| Structure at August 2013 | \n<\/strong><\/td>\n New Structure | \n<\/strong><\/td>\n Loss<\/strong><\/td>\n<\/tr>\n | COO<\/td>\n | 765<\/td>\n | 659<\/td>\n | -106<\/td>\n<\/tr>\n | CTO<\/td>\n | 854<\/td>\n | 772<\/td>\n | -82<\/td>\n<\/tr>\n | CIO<\/td>\n | 307<\/td>\n | 285<\/td>\n | -22<\/td>\n<\/tr>\n | CFO<\/td>\n | 203<\/td>\n | 166<\/td>\n | -37<\/td>\n<\/tr>\n | CHR<\/td>\n | 115<\/td>\n | 80<\/td>\n | -35<\/td>\n<\/tr>\n | CMO<\/td>\n | 67<\/td>\n | 49<\/td>\n | -18<\/td>\n<\/tr>\n | COS<\/td>\n | 45<\/td>\n | 30<\/td>\n | -15<\/td>\n<\/tr>\n | CPO<\/td>\n | 42<\/td>\n | 40<\/td>\n | -2<\/td>\n<\/tr>\n | DCO<\/td>\n | 234<\/td>\n | 234<\/td>\n | 0<\/td>\n<\/tr>\n | Other<\/td>\n | 105<\/td>\n | 77<\/td>\n | -28<\/td>\n<\/tr>\n | Total<\/strong><\/td>\n | 2737<\/strong><\/td>\n | 2392<\/strong><\/td>\n | -345<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n | Changes in COO division<\/h3>\n
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