MTN to lay off half of 850 S.African managers


The mobile operator said on Thursday, well below the number of job cuts predicted by union officials.

(READ MORE: S.Africa’s MTN dismisses job cut claims)

South Africa’s Solidarity union, which largely represents skilled workers, said in August MTN had plans to lay off 850 managers. After years of robust growth, [DATA MTN:MTN] is facing increased competition both at home and abroad.