SA Post Office plans another round of retrenchments to break its money-losing streak

SAPO is pressing ahead with the second phase of retrenchments in which it aims to slash at least 600 more jobs – a fraction of what is to come. Trade unions representing SAPO employees say the company plans to lay off as many as 6,000 employees – or 41% of its current workforce. Various versions of SAPO turnaround plan envisage it only needs up to 10,000 employees to run an efficient and modern company that offers more than traditional postal services, including online car licence renewal bookings and others.

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