South African officials have been searching for an investor to take a stake in the airline, but their efforts have so far been unsuccessful.
"We urgently need to address the ongoing loss-making position that has subsisted over the past years. That is why we are undergoing a restructuring," said SAA acting-Chief Executive Zuks Ramasia.
"No final decision will be taken until the consultation process is concluded. However, it is estimated that approximately 944 employees may be affected."
In a dramatic fall from grace over the past decade, SAA has lost its place as Africa's biggest airline and a symbol of patriotic pride to become a source of frustration for taxpayers. Analysts have long said its workforce should be cut to bring it in line with regional competitors.
© Reuters, aero.uk | Image: Airbus | 12/11/2019 14:14