Vodacom Group is shedding greater than 100 workers in its South African enterprise as a part of a restructuring drive, TechCentral has learnt.
Based on a well-placed trade supply with data of the state of affairs, the corporate has served discover on 400 workers beneath part 189 of the Labour Relations Act. This part of the laws offers with retrenchments and establishes the method for truthful dismissals based mostly on operational necessities.
Reached for touch upon Wednesday, Vodacom South Africa confirmed the restructuring, which it described as “unlucky”. Regardless of serving notices on 400 workers, it stated it expects within the area of 113 individuals to be let undergo the part 189 course of.
Excluding the likes of Vodacom Monetary Companies and a few of its smaller subsidiaries, Vodacom South Africa has a full-time worker headcount of about 4 145 individuals.
It marks no less than the second time up to now 12 months that Vodacom has lower jobs. A 12 months in the past, Vodacom stated it could lower about 80 roles. On the time, it blamed the cuts on its shift from being a telecommunications operator to extra of a know-how firm.
“Vodacom South Africa has taken the troublesome resolution to restructure components of our enterprise, which sadly might affect about 113 of our valued workers throughout numerous ranges together with administration and senior administration,” it stated in an e-mailed assertion in response to questions on Wednesday.
“This step is a part of our concerted effort to make sure that the corporate stays match for goal to help our strategic shift in direction of turning into a number one know-how firm,” the assertion stated.
Earnings development
TechCentral understands that the job cuts are throughout the organisation and should not centered on any specific division.
“Whereas we deeply remorse the affect that this has on colleagues, we’re absolutely dedicated to supporting them by way of this transition. Vodacom South Africa stays centered on delivering distinctive worth and related companies to prospects in a quickly evolving telecoms and ‘past cellular’ surroundings, and we’re assured that these modifications, whereas troublesome, assist place the corporate for long-term sustainability.”
Learn: Vodacom units increased earnings development goal
Information of the deliberate retrenchments comes only a week after mother or father Vodacom Group advised buyers that it hoped to speed up its earnings development over the subsequent 5 years. It stated its focus is on growing Ebitda development – Ebitda is earnings earlier than curiosity, tax, depreciation and amortisation – from its steering of excessive single digits to double digits in share phrases. — © 2025 NewsCentral Media
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