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Business Report writes that Telkom IT subsidiary BCX is contemplating the dismissal of employees as part of its new organisational structure.
BCX claims that lockdown regulations implemented to curb the spread of the Covid-19 pandemic have added pressure on its margins and its ability to generate revenue. The group served Section 189 (retrenchment) notices on Thursday, warning that 284 employees in various categories would be impacted. “Regrettably the rapid acceleration in the decline of economic activity, failure of some businesses, and a generally gloomy economic outlook have not resulted in a marked improvement in the company’s performance and outlook to a point where the contemplated dismissals are avoidable,” said BCX in its notice. BCX, which currently employs 4,905 employees, expects the process to be finalised by the end of January next year. The first consultation meeting facilitated by the CCMA is expected on Thursday subject to availability of parties. SA Communications Union (Sacu) organiser Keith Aimes pointed out that BCX was part of essential services in lockdown and benefited financially in the form of data as a subsidiary of Telkom. Aimes added: “Maseko and his team are enriching themselves from gainsharing if financial targets are met where Maseko gets the likes of R23 million and his team totalling R63m.”
- Read the full original of the report in the above regard by Dineo Faku on page 15 of Sunday Independent Business Report of 18 October 2020
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