SABC: Massive Staff Lay-Off May Be Necessary As Part Of New Operating Model
The South Africa Broadcasting Corporation (SABC) is said to be planning to shed hundreds of 'unnecessary costs' from it employee payroll soon - in-line with the dictates of its new operating model being implemented by the organisation.
Mr Madoda Mxakwe, the CEO of SABC has said the new operating model would help "ensure the long-term existence of a resilient and sustainable public broadcaster in South Africa".
According to reporting from the South African 'Sunday World' the South African public service broadcaster is looking to reduce its staff bill by up to ZAR700 million (US$40million).
The coronavirus pandemic has adversely impacted the revenues of most broadcasters, and the SABC has not been spared. With its revenues dissipated, Kate Skinner - the executive director of South African National Editors' Forum) says the SABC is now forced to put staff reduction on the table to 'address its financial situation'.
The SABC, although haven receiving a large dollop of financial bailout - up to ZAR3.2 million (US$185million) - from the South African government, says it is allocating those funds to tackle three key priorities such as paying off creditors, investing in content and maintaining its critical broadcast equipment and infrastructure.
Credit: Contribution from: mybroadband.co.za