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
-
Clinic says Nigerian influencer ignored doctor’s advice to split penis enlargement procedure
2 minutes -
The grass is greener somewhere is an illusion – Barfuor Adjei-Barwuah tells Ghanaian youth
11 minutes -
My marriage will be secret – Singer Joeboy
21 minutes -
KATH hails Ghana Medical Trust Fund after GH¢4m equipment boost
30 minutes -
‎Free Primary Healthcare reaches 135 districts
39 minutes -
Tunisian journalists protest over media crackdown after colleague’s arrest
50 minutes -
Equatorial Guinea police pull guns on migrants deported by Trump, witnesses say
59 minutes -
Singaporean man pleads guilty in US to massive crypto heist
1 hour -
WHO says staff shortage, funding challenges hamper Congo Ebola response
1 hour -
IMF is not Father Christmas; Ghana must take charge – PUWU
1 hour -
More UK flight delays expected after hundreds cancelled by air traffic control glitch
2 hours -
Very hot drinks may damage the food pipe and increase cancer risk
2 hours -
Fix IPP pricing, not just ECG, PUWU tells IMF, World Bank
2 hours -
OpenAI says it cracked 90-year-old maths problem in 88 hours
3 hours -
Meta continues to run ads promoting child sexual abuse material in India – Report
3 hours