What happens to all the top executives who get retrenched?

Loading player...
GUEST - Wendy Spalding, managing director at Tuesday Consulting



On the one hand we’re constantly hearing about the talent and skills shortage in South Africa; on the other, a number of high performers and top-executives are being retrenched or exiting the very careers where they have been developed and fast-tracked, due to corporate action beyond their control – shareholder issues, restructuring, new leadership, mergers and acquisitions.

Wendy Spalding, managing director at Tuesday Consulting, an executive search and advisory firm, provides further info on this increasing trend in South Africa and has advice for other high-performance executives who are potentially at risk of this kind of corporate action.
8 Apr 2024 4PM English South Africa Business News · Investing

Other recent episodes

Township traders push back against liquor licence fee hikes

The Gauteng Liquor Traders Association (GLTA) is pushing back hard against proposed liquor licence fee increases by the Gauteng Liquor Board, warning that the move could cripple thousands of township-based micro and small businesses. Jongikhaya Kraai, Spokesperson, Gauteng Liquor Traders Association discuss what a sustainable licensing fee look like for…
16 Feb 2PM 10 min

‘February sees millions of South African youth become economically invisible’

According to the Afrika Tikkun Foundation, nearly five million young South Africans become economically invisible this February as universities reach capacity, job opportunities tighten, and thousands of matriculants and graduates find no clear pathway forward. Dr Nellie Zembe, Group Head: Monitoring, Evaluation, Research and Learning explain s why this happens…
16 Feb 2PM 15 min

Latest developments in SA's telecom sector

Gugulethu and Telecoms analyst, Dobek Pater take a closer look at the latest developments in South Africa’s telecom sector, following recent results and trading updates from major players. Telkom is expected to report stronger earnings since December, Cell C has released its first results since listing on the JSE, and…
16 Feb 2PM 17 min

Taxpayers may be heading into a “Silent Budget”

Ahead of Finance Minister Enoch Godongwana’s 25 February Budget Speech, there is growing concern that taxpayers may be heading into what tax specialist Lance Collop describes as a “Silent Budget” — a year in which take‑home pay declines even without headline tax rate increases. Lance joins KayaBiz.
16 Feb 2PM 13 min