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IOL News reports that the SA Broadcasting Corporation (SABC) is facing the wrath of the unions after it said on Thursday it would have to retrench staff because of a cash crunch.
The public broadcaster conceded it was in financial trouble, that many projects were on hold and that jobs cuts were imminent. The announcement has left unions fuming. The Broadcasting, Electronic, Media and Allied Workers’ Union (Bemawu) said it would not allow the SABC to target workers for its poor management. Bemawu president Hannes du Buisson said the SABC had brought the current situation upon itself and that management had dug its own grave and therefore should not start targeting staff members by retrenching them. “If they talk about retrenchments they must stand in the firing line themselves,” he stated. The SABC lost R551 million in the 2014 financial year. This was followed by a loss of R395m in 2015, and R411m last year.
- Read this report by Siyabonga Mkhwanazi in full at IOL News
Get other news reports at the SA Labour News home page