South African Post Office retrenchment process stalled

JOHANNESBURG - The South African Post Office has halted its retrenchment process, for now.

This after the business rescue practitioners, as well as unions SAPWU, DEPACU and CWU, applied for the Temporary Employer/employees Relief Scheme.

READ: 6000 SAPO employees to be retrenched

If successful, this means that 75-percent of salaries will be paid by the TERS relief, and 25-percent by the Post Office, for the amount of time that TERS agrees, but no longer than 12 months.

However, the funds can only be paid to those who are currently employed, and not those who have received retrenchment notices.

Joint Business Rescue Practitioner, Anoosh Rooplal says they are hopeful that they will receive this relief.