Absa takes back notices

May 15, 2012 | Sapa | 0 comments

Picture taken from www.iol.co.za

"Absa regrets that the timing of the letters was asynchronous with the timetable agreed with [finance union] Sasbo," spokesman John Dludlu said.

"Absa has undertaken to continue its open dialogue with Sasbo to finalise the next steps in this process."

Earlier, Sasbo said a meeting was held with Absa on Saturday when it expressed outrage at the bank having "unilaterally" issued retrenchment notices.

Sasbo demanded Absa withdraw all retrenchment letters by noon yesterday.

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