Eskom offers voluntary retrenchments

Eskom headquarters, MegaWatt Park, Johannesburg

Headquarters of Eskom, Megawatt park, north of Johannesburg. Eskom generates approximately 95% of the electricity used in South Africa and approximately 45% of the electricity used in Africa.

Scott Smith/ eNCA

JOHANNESBURG - Eskom has announced it will start offering voluntary retrenchment packages.

READ: Cosatu eyes pension funds to rescue Eskom

The retrenchments are being offered to managers in its non-core operations, and employees over the age of sixty as part of the embattled power utility's turnaround plan.

The window for applications will open in the third week of February.

Employee exits are planned for the end of April.

Source
eNCA