Covid-19 : South African Airways set to lay-off all its 4,700 employees

South African Airways (SAA) is set to lay off all of its employees at the end of April. 
A document detailing the airline’s severance package, obtained by Bloomberg, shows  that 4,700 employees will leave the company by the end of this month. The collapsing airline will reportedly make sales of its assets to foot the salary pay-outs. According to the Mail&Guardian, the document shared with employees stated that: 

“…the company will make payment of the severance packages to employees on a monthly basis, over a period of six months, once the sale of assets [has] been concluded.”