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BusinessTech reports that mobile telecoms operator Vodacom will be retrenching about 113 Vodacom SA employees across various levels, including management and senior management.
The group said this was due to a decision to restructure parts of its business. “This step is part of our concerted effort to ensure that the company remains fit for purpose to support our strategic shift toward becoming a leading technology company. While we deeply regret the impact that this has on colleagues, we are fully committed to supporting them through this transition. We are confident that these changes, while difficult, help position the company for long-term sustainability,” Vodacom indicated. The staff cuts align with the group’s five-year Vision 2030 strategy.
- Read the full original of the report in the above regard at BusinessTech
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