SAA plans to fire up to 20% of staff

[SauRoNZA]

Your last sentence smacks of blissful ignorance. Not everybody is fortunate enough to find alternative employment.

No certainly not everybody, but if no effort whatsoever was made and you just sat idly by you can’t really complain too much.

 

[TysonRoux]

Getting rid of the surplus employee in SOE's, of which there is many, is going to be a very difficult task.

 

[Superman-7]

Is this their take on Black Friday? 20% off? Pathetic.

 

[Splinter]

What do you base that on?

Not that I know the facts, but I would say the billions lost by SAA do not equate to 900 jobs.

 

[Splinter]

Is this their take on Black Friday? 20% off? Pathetic.

That's all funny hahaha - unless you one of the 900 who will lose their jobs due to high level corruption and incompetence.

And unless you know what 900 jobs might be lost, I wouldn't laugh too much. Especially if they competent and technical staff

 

[Superman-7]

That's all funny hahaha - unless you one of the 900 who will lose their jobs due to high level corruption and incompetence.

And unless you know what 900 jobs might be lost, I wouldn't laugh too much. Especially if they competent and technical staff

Sorry, it's SAA. I can't help but laugh. I am sure some valuable staff will be lost - and that's a pity, it really is - but that's SAA for you. A joke in and of itself.

 

[Vrotappel]

Getting rid of the surplus employee in SOE's, of which there is many, is going to be a very difficult task.

And all of it can be reversed at the next ANC elective conference.

 

[Splinter]

Sorry, it's SAA. I can't help but laugh. I am sure some valuable staff will be lost - and that's a pity, it really is - but that's SAA for you. A joke in and of itself.

Much like all government departments and SOE's. The thing is - the "little folk" get fired, while the massive corruptors and looters walk away free.

 

[TEXTILE GUY]

Is this their take on Black Friday? 20% off? Pathetic.

 

[Paul_S]

That's all funny hahaha - unless you one of the 900 who will lose their jobs due to high level corruption and incompetence.

You'll probably find that a large portion of the affected staff were quite happy voting for the ANC, striking and demanding unrealistic wage increases over the years.
I feel for the few who are truly innocent but the rest brought this on themselves.

In fact SAA should be closed down. The bailout money could be used for much better things like building schools, housing, infrastructure, etc.

 

[TheChamp]

You'll probably find that a large portion of the affected staff were quite happy voting for the ANC, striking and demanding unrealistic wage increases over the years.
I feel for the few who are truly innocent but the rest brought this on themselves.

In fact SAA should be closed down. The bailout money could be used for much better things like building schools, housing, infrastructure, etc.

This probability is based on? And what ridiculous amounts of increases did they get that brought SAA to this point?

 

[TheChamp]

Edit - I see other reports say 944 jobs - maybe a typo in that article. If so the average salary then equates to R741 525.

Some of the money could also be going towards costs of doing business not necessarily salaries, S&T costs, SHE and other expenses.

 

[noxibox]

At the same time surely you should have seen the writing on the wall for YEARS already and it’s only the blissful ignorance that keeps you there?

In the case of SAA that's probably true that they should know of the serious financial problems. Quite often in private companies they keep the company's true financial circumstances a secret. They'll be pretending everything is fine the day before they start retrenching people.

But on the other hand it isn't easy for most people to just find another job nor do you know whether it is you or the next person who'll lose their job during retrenchments. I don't know whether any of those employees have been trying to find other employment. Even worse for the company is that the people who are more able to find another job are the ones most likely to leave at signs of trouble.

Your last sentence smacks of blissful ignorance. Not everybody is fortunate enough to find alternative employment.

It's obvious to me that skilled people who can just change jobs whenever they feel like it tend to have no grasp at all on the difficulty the average person has in getting employment.

Sorry, it's SAA. I can't help but laugh. I am sure some valuable staff will be lost - and that's a pity, it really is - but that's SAA for you. A joke in and of itself.

It happens at all companies. If you start retrenching you stand to lose some of your most skilled people.

Much like all government departments and SOE's. The thing is - the "little folk" get fired, while the massive corruptors and looters walk away free.

You'll find that even at private companies. Dead weight managers will keep their jobs while the little people get kicked to the curb.

 

[access]

20% ?

where did that over 900 staff per aircraft stat come from a few years back.

 

[bromster]

I would think so. If three people are hired to do one person's job, and you let two of them go, you should be just peachy.

That would imply that the one remaining person would be competent to do one person's job... Which is not guaranteed.

 

[pinball wizard]

That would imply that the one remaining person would be competent to do one person's job... Which is not guaranteed.

Let the mother of all ****ups, I mean strikes, take care of the incompetents.

 

[ForceFate]

20% ?

where did that over 900 staff per aircraft stat come from a few years back.

It's around 240 per aircraft apparently.

 

[furpile]

Netwerk24 reports that according to Deon Fredericks, the acting CFO of the SAA , R700 million will be saved through this restructuring. That is 994 jobs equals R700 million per year - average salary then equals R704 225 per year.

I was trying to find their annual wage bill, so compare this cost saving with the R9,2bn debt we are going to pay off for them. Found this instead.

Pampered SAA pilots’ bizarre perks and wages cost R2bn

Luxurious five-star accommodation and travel benefits for pilots working for national carrier SAA cost the ailing national carrier a whopping R697m per annum alone.

citizen.co.za

The total annual wage bill of the pilots – including benefits – is R2 billion, while the management stands on R657 651.84.
“We are talking about 12% of the people taking 48% of the total wage bill.”
...
Pilot costs
Pilot travel benefits minimum loss per annum: R63 million
Accommodation and crew rest facilities: R52.9 million per year
Leave and sick leave cost: R57 million
Annual leave cost: R370 million for June 2016 only. If the accumulated leave were reduced to 28 calendar days, the savings would be R207.6 million
Maternity leave for 15 individuals: R7.8 million

In addition to restructuring they should also normalise wages and benefits.

 

[SauRoNZA]

In the case of SAA that's probably true that they should know of the serious financial problems. Quite often in private companies they keep the company's true financial circumstances a secret. They'll be pretending everything is fine the day before they start retrenching people.

But on the other hand it isn't easy for most people to just find another job nor do you know whether it is you or the next person who'll lose their job during retrenchments. I don't know whether any of those employees have been trying to find other employment. Even worse for the company is that the people who are more able to find another job are the ones most likely to leave at signs of trouble.


.

Yeah the comments were specific to SAA and their very public dirty laundry.

It was the same way I honestly couldn’t care for people who worked for Gupta entities and were then “surprised” when it all came crashing down.

 

[zulucat]

Retrench everyone and sell the entire white elephant!