The South African Post Office is facing significant downsizing, with plans to cut 6,000 jobs out of its total of 11,038 employees due to escalating debts and a decline in revenue. The Communication Workers Union is concerned that the Business Rescue Plan, which prioritizes creditors over employees, may not comply with Independent Communication Authority of South Africa regulations. Additionally, the Post Office has been defaulting on transferring employee pension fund deductions to the Post Office Retirement Fund since April 2020, exacerbating the situation. The future of the organization and its employees is uncertain.
