JUST IN: SAA Technical starting retrenchment process that could cut more than half its staff
SAA Technical is set to enter a retrenchment process. SAAT is a subsidiary of SAA, but unlike its parent company, it is not in business rescue. The Department of Public Enterprises is hoping to get a special appropriation from Parliament to channel R2.7 billion of SAA's rescue money to its subsidiaries. South African Airways Technical is set to begin a Section 189 retrenchment process in terms of the Labour Relations Act, Derek Mans, union Solidarity's union official for the aviation and defence sector, said on Wednesday afternoon. SAAT currently has 2 019 employees, and this number is antic...