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SABC Bucks Union Pressure to Go Ahead with 10% Job Cuts

SOUTH AFRICA
  • State broadcaster SABC says redundancy talks are completed, despite union pressure.
  • SABC will go through with 10% job cuts (~300 people, 50% of original number) in line with restructuring and fiscal consolidation approach - News24
  • This is a good sign of SOEs taking on unions and implementing cost-cutting measures and hard decisions
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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