HomeBusiness

Telecel Cuts Its Employees' Salaries To ZW$800

4 years agoSat, 02 May 2020 15:39:50 GMT
Share on FacebookShare on TwitterShare on LinkedIn
Telecel Cuts Its Employees' Salaries To ZW$800

Telecel Zimbabwe has reportedly cut its workers’ salaries to just ZW$800 (around US$16) per month.

The company allegedly sent an email to its employees, informing them that the pay cuts were due to pressures exerted on the business by Covid-19. The email read:

This mail serves to inform you that due to the lockdown, our revenues have declined whilst our fixed and indirect costs continue to increase. This has put a strain on overall business performance.

A decision has been made to immediately pay a provisional salary through Telecash for the month of April whilst analysis of the financials are being done.

We would like to take this opportunity to thank all employees for their contribution as they work from home and those who have been physically present.

Buy Samsung, itel, Redmi smartphones in Zimbabwe

WhatsApp: +263715068543

More: TechZim

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback