The Department of Public Enterprises said it would not be able to entertain further demands from labour unions regarding the retrenchment process at SouthAfricanAirways.
Parliament -The Department of Public Enterprises on Tuesday said it would not be able to entertain further demands from labour unions regarding the retrenchment process at South African Airways which forms part of a proposed business rescue plan for the national carrier.
"The concerns that they have were addressed. The concerns centred on the number of people to be retrenched and the value per employee of the proposed VSP ," the department said. "As a shareholder on behalf of government, the DPE has made it clear to all the unions that the R2.2 billion budgeted for VSPs is the best that can be made available when government is faced with massive financial demands and constraints in the current financial crisis facing our economy," it said.
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