
Audio By Carbonatix
Coca-Cola Bottling Company is laying off over 250 employees as part of efforts to enable it stay in business.
The Company began the process today following the worsening effects of the current power crisis on its operations.
Speaking to JOY BUSINESS, General Secretary of the Industrial and Commercial Workers Union, Solomon Kotei said his outfit is inundated with redundancy letters from manufacturing companies.
“Most of the manufacturing companies and hospitality industries, in fact the overheads are becoming astronomical. The indications that we are getting almost every day is becoming disturbing,” he said.
This, he said has affected production levels of many companies. However, he said his office would be meeting management of the Coca-Cola Bottling Company to see how best the situation can be saved.
“The rate of unemployment, you know it better than I do and therefore if you are to do anything that will increase the unemployment situation we have to get to the blackboard to see what we can do to support the economy and including we the workers ourselves and to save the employers' investments.”
He warned the unemployment situation in the country could worsen if drastic measures are not taken to address the power crisis.
Meanwhile, Government has announced that it is expecting some 300megawatts of power following near-complete repair works on power plants at the Takoradi International Company (TICO).
Latest Stories
-
PSG vs Liverpool: Date, time and everything you need to know about the Champions League quarterfinal
3 minutes -
Education Minister orders probe into illegal SHS online class fees
4 minutes -
Barcelona vs Atlético Madrid: Date, time and everything you need to know about the Champions League quarterfinal
8 minutes -
Monthly Indicator of Economic Growth slows to 7.5% in January 2026
10 minutes -
The Reputation Bomb: Why fraud in the digital age destroys more than freedom
12 minutes -
Mahama nominates 5 to Ghana’s Fiscal Council to strengthen economic oversight
27 minutes -
Enterprise Insurance crowns first “Insure Na Chilli” winner: Jonathan Syme set for ultimate football experience
28 minutes -
Bear with us over temporary outages as ECG begins transformer upgrade programme – Energy Ministry
55 minutes -
President Mahama has not broken promise on anti-LGBTQ bill — Akwatia MP
1 hour -
Education Minister promises swift fix to Aburi Girls’ SHS water crisis
2 hours -
Top Australian soldier charged with war crimes to remain in jail on remand
2 hours -
US journalist Shelly Kittleson released after kidnap in Iraq, officials say
2 hours -
Starmer to visit Middle East after US and Iran reach ceasefire deal
2 hours -
Telcos and regulators are failing Ghana on Mobile Money fraud
2 hours -
Discussions on petroleum taxes review ongoing with Finance Minister – Jinapor
2 hours