Arcelor Mittal Liberia Workers Union Secretary General Amos Morweh has dispelled rumors that the company has begun the redundancy of over 400 workers due to the global slump in iron ore price.
Rumors have been spreading in Buchanan and its surroundings that the company is on the verge of laying-off some of its workforce due to decline in the price of iron ore on the world market.
But Morweh told the Liberia News Agency via mobile phone on Sunday that such assertion is untrue and misleading and that the union is therefore urging its workforce to not pay attention to it.
He indicated that the information is untrue because the company and the union signed an agreement which states that before a redundancy is done, management has to inform the union through a written communication of its intention one month prior to its decision.
But Morweh was quick to add that he received a communication from management of a planned meeting to be held at Mittal’s head office in Monrovia on Wednesday.