By Naledi Mashishi
By Naledi Mashishi
JOHANNESBURG, Nov 15 (Reuters) – Employees at South African Airways (SAA) downed instruments on Friday to demand larger wages and protest deliberate job cuts in a strike that has pressured the troubled state-owned service to cancel all flights and left its future hanging within the stability.
SAA, which has not turned a revenue since 2011 and is and not using a everlasting CEO, says the strike by unions representing greater than half of its workforce will price it 50 million rand ($3.36 million) per day and threatens its survival.
The unions rejected SAA’s revised wage supply late on Thursday, and are additionally putting over the service’s plans to chop greater than 900 jobs in a bid to stem monetary losses and finish a reliance on state bailouts.
SAA’s performing chief monetary officer, Deon Fredericks, instructed the eNCA information channel that the airline, damage by previous mismanagement, couldn’t simply shut its eyes and keep it up.
“We’ll simply go deeper down,” he…