Coca-Cola Ghana to lay off staff

The Coca-Cola Bottling Company of Ghana Limited has served notice of its intension to lay off workers due to challenges exacerbated by the COVID-19 pandemic.
A memo to the staff dated 31 August 2020, said the Chief Labour Officer of the Ministry of Employment and Labour Relations has already been informed of the company's intention.
"In accordance with Section 65 (2), all affected employees shall receive a ‘Redundancy Pay’ and in lieu of notice, payment shall be made for the notice period, where necessary".
"The leadership of the respective Trade Unions, ICU and UNICOF, have in accordance with law been notified, and management will be with them to discuss the terms and conditions of the severance," the memo said.
"After the Unions and the management have agreed to the terms and conditions of the severance, the details shall be communicated to the affected staff through their Line Managers,” it added.
The company said the move has become necessary to keep the business viable.
Source: classfmonline.com
Trending Business
DVLA opens new office in Adentan, CEO expresses gratitude to all stakeholders
08:27President Mahama delivers on 24-hour economy promise within first 120 days
01:34Gov't inaugurates task force to oversee establishment of Ghana’s national airline
13:57NPA boss heaps praise on Finance Minister and BoG for stabilising Cedi, fuel prices
11:18President Mahama sets $10 billion target for non-traditional exports by 2030
03:34Hand over Saglemi housing project to TDC- Parliamentary Select Committee to gov't
04:51CEMSE calls for urgent review of Ghana’s upstream petroleum laws to boost investment
14:55Gov't urged to act fast on the completion Pokuse-Mayera affordable housing project
10:25DVLA kick starts 24-hour service on Wednesday
03:17CEMSE urges new TOR MD to take bold steps toward financial recovery
17:41