http://www.finance24.co.za/Finance/Companies/0,,1518-24_1560846,00.html?kps=193
Hell for Telkom over job cuts
21/07/2004 09:07 - (SA)
Mathabo le Roux
Johannesburg - The latest announcement that Telkom will retrench another 1 381 employees has fuelled the fires of an internet campaign, run from the website www.hellkom.co.za, against the company.
The "Hellkom" website's main grudge is Telkom's high tariffs and the site doesn't pull any punches.
Dissatisfied fixed line subscribers - all clients of South Africa's only fixed line operator - can read biting articles and jokes about the company on the website and download satirical logograms such as Telscum, "Melk-hom" ("We milk the public like a Jersey cow"), "Geldbom" and Hellkom ("Prices that will make you sweat").
On a "fact sheet" on Telkom, Hellkom mentions the following:
* Telkom's net profit in 2004 was R4.592bn, which amounts to a profit of R12.58m a day.
* The chief executive officer earns R11.1m a year or R30 000 a day.
* Telkom's directors earned R60m last year. Two of them, American citizens, earned R15m and R11m respectively.
* An independent international survey by NUS Consulting, a consulting company, showed that Telkom's national and international calls are the most expensive in the world. Apart from Belgium, South Africa also has the most expensive local calls in the world.
* Telkom plans to reduce its staff by a further 30% over the next three years.
Meanwhile, the trade union Solidarity has announced that it plans a comprehensive campaign to stop the lay-offs at Telkom.
The "Stop Retrenchments" campaign starts next Tuesday and the union has developed its own logogram to serve as symbol for the campaign.
A commission of enquiry will be launched to investigate whether a court application against the retrenchments is viable.
"Solidarity has only one question for Telkom," said Danie de Wet, chief secretary of Solidarity in the telecommunications industry. "Does the company, in the light of its record earnings, have any real reason to retrench another 1 381 people?"
Edited by Fadia Salie
<b><hr noshade size="1"></b><font size="2"><font color="red"><b>You can take Telkom out of the Post Office but you can't take the Post Office out of Telkom.</b></font id="red"></font id="size2">
Hell for Telkom over job cuts
21/07/2004 09:07 - (SA)
Mathabo le Roux
Johannesburg - The latest announcement that Telkom will retrench another 1 381 employees has fuelled the fires of an internet campaign, run from the website www.hellkom.co.za, against the company.
The "Hellkom" website's main grudge is Telkom's high tariffs and the site doesn't pull any punches.
Dissatisfied fixed line subscribers - all clients of South Africa's only fixed line operator - can read biting articles and jokes about the company on the website and download satirical logograms such as Telscum, "Melk-hom" ("We milk the public like a Jersey cow"), "Geldbom" and Hellkom ("Prices that will make you sweat").
On a "fact sheet" on Telkom, Hellkom mentions the following:
* Telkom's net profit in 2004 was R4.592bn, which amounts to a profit of R12.58m a day.
* The chief executive officer earns R11.1m a year or R30 000 a day.
* Telkom's directors earned R60m last year. Two of them, American citizens, earned R15m and R11m respectively.
* An independent international survey by NUS Consulting, a consulting company, showed that Telkom's national and international calls are the most expensive in the world. Apart from Belgium, South Africa also has the most expensive local calls in the world.
* Telkom plans to reduce its staff by a further 30% over the next three years.
Meanwhile, the trade union Solidarity has announced that it plans a comprehensive campaign to stop the lay-offs at Telkom.
The "Stop Retrenchments" campaign starts next Tuesday and the union has developed its own logogram to serve as symbol for the campaign.
A commission of enquiry will be launched to investigate whether a court application against the retrenchments is viable.
"Solidarity has only one question for Telkom," said Danie de Wet, chief secretary of Solidarity in the telecommunications industry. "Does the company, in the light of its record earnings, have any real reason to retrench another 1 381 people?"
Edited by Fadia Salie
<b><hr noshade size="1"></b><font size="2"><font color="red"><b>You can take Telkom out of the Post Office but you can't take the Post Office out of Telkom.</b></font id="red"></font id="size2">