telkom thumb100 ITWeb reports that some 1,189 employees have left Telkom, either by accepting the company's voluntary severance packages (VSPs) or early retirement packages.  

Telkom's Jacqui O'Sullivan indicated:  "The package offers were made in response to the many requests received from our employees, and the desire for our people to be given a final opportunity to review their future within the business."  Applications for packages closed on Thursday last week.  According to O'Sullivan, a total of 1 629 applications were received and the company approved 73% of those applications, allowing for 1,189 people to exit Telkom.  Over the past two years, Telkom has been involved in a turnaround strategy which has seen some employees either being retrenched, transferred to outsourcing companies, or being given VSPs as well as early retirement packages.  However, trade union Solidarity says Telkom's rash approval of VSPs and early retirement packages will lead to a massive skills shortage in the company.

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