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November 27, 2014

Eskom formalises voluntary retrenchments

Large-scale retrenchments unlikely - may be too costly. Eskom formalised a process of offering employees voluntary severance packages two weeks ago. The applications will however be very carefully assessed to ensure Eskom retains the necessary skills and taking into account the short-term costs related to it, says Eskom spokesperson Andrew Etzinger

Link: Moneyweb

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