Telkom has dismissed speculation that it is retrenching 13 000 employees, saying that no such decision has been taken.
In a statement, Telkom points out that it recently announced voluntary separation and voluntary early retirement process to its employees which emphasised that the decision to apply for a package is at the sole discretion of every employee.
“No employee is obligated to invoke this offer,” it states. “Importantly, this is not a Section 189 process in disguise and this is not the first time Telkom has made this offer available to all categories of employees.
“Furthermore, the outcome of this process will not be assessed on the reduction of the number of employees, but on the overall impact of the company’s cost structure.
“This will be monitored continuously throughout the process to ensure that the company reaches the desired state of cost efficiency.”
“No employee is obligated to invoke this offer,” it states. “Importantly, this is not a Section 189 process in disguise and this is not the first time Telkom has made this offer available to all categories of employees.
“Furthermore, the outcome of this process will not be assessed on the reduction of the number of employees, but on the overall impact of the company’s cost structure.
“This will be monitored continuously throughout the process to ensure that the company reaches the desired state of cost efficiency.”