The giant steel company Arcelor Mittal Liberia (AML) has redundant 190 of its employees, amounting to 16 percent of the workforce, attributing the action to decline in the price of iron ore on the world market.
Making the disclosure via telephone on a popular talk show ‘God Morning Bassa’ on a local radio station in Buchanan over the weekend, Corporate Communications Manager Hester Baker Pearson said the redundancy was done in line with all rules and laws within Liberia.
Pearson disclosed that after the tripartite meetings ended on April 2, 215 between the Workers Union, Government of Liberia and Arcelor Mittal, 20 percent of its work force should had been redundant, but management after careful scrutiny reduced it to 16 percent.
She also disclosed that during negotiations, all demands brought forward by the Workers Union were addressed appropriately, including the cancellation of the helicopter contract and 30 percent reduction of expatriates and that it was now time for the Liberian employees.
Pearson said for Arcelor Mittal to remain operational and competitive in the world these steps had to be taken.
She said each worker had been paid a month and half for each year worked and all letters had been issued and received by the affected employees.-LINA