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Ruling reserved over Standard jobs

Johannesburg - Judgment was reserved in the financial sector trade union Sasbo's urgent bid in the Labour Court in Johannesburg on Thursday to stop Standard Bank from firing staff, a union official said.

"The judge reserved judgment until noon tomorrow (Friday)," said Sasbo  spokesperson Eugene Ebersohn.

The two parties had earlier tried to resolve the matter through talks, instead of through court action.

Sasbo was seeking an urgent interdict against Standard Bank Group [JSE:SBK] to stop it firing staff and to return to consultations.

Standard Bank had put forward a proposal to extend consultations with the union over the planned retrenchment of 1 145 permanent employees and 600 contract staff in South Africa.

In terms of the proposal, the bank would by Tuesday make available information sought by Sasbo and hold further consultations with the union on November 23.

However, Sasbo argued that it wanted the proposal to include all staff affected by retrenchment. The proposal excluded employees who were already "on deployment".

"They're sitting at home at the moment," said Sasbo counsel Chris Roodt.

He asked the court to order that the bank be forced to comply with the requirements of section 189 of the Labour Relations Act which related to how retrenchments should be carried out when they were made for operational reasons.
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