News / Local
Innscor to retrench Bulawayo employees
22 Jul 2014 at 17:12hrs | Views
FAST-FOODS group Innscor Africa has informed its workforce that it would be retrenching its warehouse, distribution and administration section employees in Bulawayo citing viability challenges.
The retrenchment was announced to workers through a memorandum dated July 15 signed by human resource director Misheck Muleya.
Muleya said the negative economic environment was affecting the group's operations.
"As explained in the meeting held this morning, the current economic challenges have continued to negatively affect our business performance resulting in reduced turnout and profitability," wrote Muleya to workers.
"As a result, the company has embarked on a restructuring exercise part of which entails retrenchment to streamline service departments.
"These will for now include warehouse and distribution and various administration staff.
"Accordingly and as advised in the meeting alluded to above, volunteers are invited to apply for voluntary retrenchment /separation."
Muleya did not specify how many workers were likely to be affected, but said the firm "reserves the right to turn down a request from any employee who would have applied for voluntary retrenchment and where this happens, reasons will be given for such a decision".
Workers have up to July 30 to apply for voluntary retrenchment.
The planned job cuts come at a time Bulawayo has recorded massive company closures in the past few years throwing thousands of workers onto the streets every year.
Scores of small and large scale Bulawayo companies have either relocated, downsized or closed shop altogether.
According to the Zimbabwe Congress of Trade Unions (ZCTU), close to 20 000 workers have lost their jobs since 2009 as companies cease operations due to the economic recession.
The retrenchment was announced to workers through a memorandum dated July 15 signed by human resource director Misheck Muleya.
Muleya said the negative economic environment was affecting the group's operations.
"As explained in the meeting held this morning, the current economic challenges have continued to negatively affect our business performance resulting in reduced turnout and profitability," wrote Muleya to workers.
"As a result, the company has embarked on a restructuring exercise part of which entails retrenchment to streamline service departments.
"Accordingly and as advised in the meeting alluded to above, volunteers are invited to apply for voluntary retrenchment /separation."
Muleya did not specify how many workers were likely to be affected, but said the firm "reserves the right to turn down a request from any employee who would have applied for voluntary retrenchment and where this happens, reasons will be given for such a decision".
Workers have up to July 30 to apply for voluntary retrenchment.
The planned job cuts come at a time Bulawayo has recorded massive company closures in the past few years throwing thousands of workers onto the streets every year.
Scores of small and large scale Bulawayo companies have either relocated, downsized or closed shop altogether.
According to the Zimbabwe Congress of Trade Unions (ZCTU), close to 20 000 workers have lost their jobs since 2009 as companies cease operations due to the economic recession.
Source - newsday
