defenceWeb
Written by Guy Martin -
1179
In a presentation to the Portfolio Committee on Public Enterprises today on its annual financial results for 2019/20, Denel revealed that it had lost nearly 500 employees over the last year.
The presentation by Interim Group CEO William Hlakoane showed Denelâs workforce shrinking â as of 1 April 2020, Denel employed 3 332 people but this had dropped to 2 837 by 31 January 2021 (2 617 permanent staff, 162 students and 58 contractors).
Between April 2020 and January 2021, 498 people left the company, including 73 managers, 99 engineers/project managers, and 249 technicians/artisans/operators.
Reasons given for leaving included better salary/benefits (60 people), better career opportunities (77), forced retrenchment (119), early retirement (28), retirement (59), and contract termination (61).
Joint Standing Committee on Defence supports extension of deployment of SANDF members
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Joint Sittings to debate the President’s State of the Nation Address (SONA), public hearings on a civil aviation Bill, the review of the Women’s Charter and 44 meetings of committees are coming up on the programme of Parliament this week.