Chairman James Caine said the decision by SRC to lay off about 300 of its workforce early this month, coupled with the management’s plan to shut down due to drop in the global price of rubber, are developments that have attracted the attention of the CCU.
In an interview with the Liberia News Agency Thursday, Caine said plans are underway by the CCU and the management of SRC to ensure that the children of affected employees continue their education so as to avoid future problems.
He said shutting the company will bring a lot of insecurity and untold suffering to the people due to the huge job losses, and urged the citizens to remain resolute and “brace for the economic storm they are about to experience.”
Meanwhile, Caine is commending the General Manager of SRC, Nicolas R. Bergerot, for his numerous contributions to the people over the years.
Caine noted that since Bergerot took over as General Manager, almost all that the citizens have been advocating for in the past the SRC management has done.
He named the construction of several schools, roads, bridges and hand pumps, among others, as developments undertaken under the management of Bergerot for the benefit of the people.