Crisis at the Post Office

2014-06-08 10:45

Internal emails seen by City Press have provided a glimpse into the dire financial situation at the SA Post Office (Sapo).

In one email, a management representative says the group has reached “survival mode”.

“As you are all very aware, the financial position of the Sapo Group is dire – in a phrase, it has reached ‘survival mode’,” the email reads.

Dated May 22, it continues: “Yesterday, at an emergency workshop, the Sapo management team had to trim the current budget by R850?million.

It was not fully achieved as yet, but the concept of doing more with significantly less is now a brutal reality for Sapo.”

The email goes on to say that no new vacancies will be filled and any IT contractors’ services have been suspended. This decision will be reviewed every three months.

The email urges workers to cut costs such as printing, telephone calls, stationery, travel and other sundries such as tea and coffee.

» Get City Press newspaper today for the full story.

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