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Massive trouble at Telkom
Telkom is planning to cut as many as 3,000 jobs across the company to compensate for poor earnings and its dismal share-price performance in recent months.
Telkom’s share price has been hammered over the last six months, declining from R99.50 on 11 June to under R30 per share on 9 January.
Telkom is planning to cut as many as 3,000 jobs across the company to compensate for poor earnings and its dismal share-price performance in recent months.
Telkom’s share price has been hammered over the last six months, declining from R99.50 on 11 June to under R30 per share on 9 January.