Telkom to Retrench Almost 15% of its Employees
Telkom has disclosed that they will be starting a formal retrenchment process. It is expected that almost 15% of their workforce is going to be laid off.
As the group manages the delicate migration of revenue between old to new technologies, it is challenged with managing the costs associated with the different technologies, the competitiveness and sustainability of the group.
Telkom’s Note to Shareholders
