Business / Companies
400 TN Harlequin Luxaire workers to be retrench
16 Dec 2013 at 08:57hrs | Views
HOUSEHOLD furniture manufacturer and retail company TN Harlequin Luxaire, formerly Springmaster Corporation is retrenching close to 400 workers as the form is streamlining business operations.
Workers are said to have been notified about the move last Thursday.
Workers said they have not been paid October salaries despite the firm exporting its products into several Southern African Development Community countries.
However, TN Lifestyle Holdings founder and chief executive officer, Tawanda Nyambirai said the company has on hinted on retrenching.
"A list of workers to be retrenched has been drawn up as required by the labour Act.
"But what is going on now are mere consultations among workers through their workers committees and trade unions" he is quoted saying.
Nyambirai said depending on what is agreed on during the talks, they might "retrench all or some of the workers identified".
TN Harlequin Luxaire Limited has fast food outlets, customer's grocery on credit and TN Harlequin Luxaire furniture.
The company had ventured into several other business entities, thereby diverting from its core business of banking and had delisted from the ZSE following an approval by shareholders.
Workers are said to have been notified about the move last Thursday.
Workers said they have not been paid October salaries despite the firm exporting its products into several Southern African Development Community countries.
However, TN Lifestyle Holdings founder and chief executive officer, Tawanda Nyambirai said the company has on hinted on retrenching.
"But what is going on now are mere consultations among workers through their workers committees and trade unions" he is quoted saying.
Nyambirai said depending on what is agreed on during the talks, they might "retrench all or some of the workers identified".
TN Harlequin Luxaire Limited has fast food outlets, customer's grocery on credit and TN Harlequin Luxaire furniture.
The company had ventured into several other business entities, thereby diverting from its core business of banking and had delisted from the ZSE following an approval by shareholders.
Source - zimbabwefocus.com
