Local news

Construction firm working on Kejetia market lays off 300 Ghanaian workers

The Brazilian firm working on the Kumasi Kejetia-Central Market Redevelopment Project and the Komfo Anokye Teaching Hospital (KATH) Maternity ward project, Contracta Construction Limited, has begun laying off some of its workers.

According to the company, it has become necessary to lay off some of its workers due to the current economic challenges facing the country.

Speaking in an interview with Class FM’s Ashanti Regional Correspondent, Elisha Adarkwah, the Consultant for the Company, Mr Emmanuel Danso explained his outfit’s decision.

“As part of government restructuring and economic crisis that we all face in this country, the company and stakeholders have agreed that we need to do restructuring so that is the main reason why some of the workers have to be laid off.”

He indicated that, since the company has a lot of workers, under the current circumstances, it will not be prudent to keep all of them, thus, it will be laying off 300 of them.

“Keeping all the workers, almost about 2000 workers in those various sites, I feel it’s too much.

“We expect about 300, so if you have workers of 2000 and you’re restructuring are just laying down 300, I don’t think it’s bad. It’s within the range though it’s painful,” he stated.

He indicated that the workers who are being laid off, will be duly compensated so they do not feel bad when they get home.

The laying off process which has already began, will see the affected workers go through exit medicals to ensure they are in good health.

The affected workers will not return to work after the end of December.

Share
MasemTV Newsroom

Recent Posts

Mahama inaugurates new Hajj Board, charges members to uphold integrity and modernise operations

President John Dramani Mahama has inaugurated a new Hajj Board chaired by Alhaji Ibrahim Tanko,… Read More

2 hours ago

Minority claims IMF ‘sleeping on the job,’ alleges gov’t deviating from fiscal agreements

The Minority in Parliament has accused the International Monetary Fund (IMF) of failing to enforce… Read More

2 hours ago

With billions spent on forex interventions, the cedi should be GH₵8 to the dollar – Minority

The Minority in Parliament has taken a swipe at the government’s handling of the cedi,… Read More

2 hours ago

“No one is exempt” – Asiedu Nketiah issues zero-tolerance warning on corruption

National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah, has issued a firm… Read More

2 hours ago

Academia slipping away from NPP – John Boadu raises red flag over youth and intellectual drift

Former General Secretary of the New Patriotic Party (NPP), John Boadu, has warned that the… Read More

2 hours ago

Mahama Administration Isn’t Just Stabilising an Economy — It’s Rebuilding a Nation: Ato Forson

Minister for Finance, Dr. Cassiel Ato Forson, says the Mahama administration’s economic vision goes far… Read More

1 day ago