Construction firm sacks half its Bahraini staff

Cash-strapped G.P. Zachariades Civil Engineering & Contractors, popularly known as GPZ, has terminated 99 Bahraini employees.

The construction company was in focus recently as a group of workers organised a public protest in Sanad last month, demanding pending salaries.

“The company is facing a lot of difficulties in paying salaries for workers and dues for contractors. It’s mainly a cash flow problem. Nearly BD30 million dues has to be paid to the contractors,” Labour Ministry Assistant Undersecretary for Labour Affairs Dr Mohammed Ali Al Ansari told DT News.

“If the ministries release BD2 million for the projects they did for different ministries, the company could easily be able to make the payment for the workers,” he said.

“We do know about the issue and the company is now in a process of restructuring and downsizing. The company employs nearly 1000 expatriate workers and 190 Bahraini workers,” he said.

“We urge workers to be patient as we are negotiating with other organisations to provide workers equivalent jobs and salaries,” he said.

Source credit – DT News
Full article:  http://www.newsofbahrain.com/viewNews.php?ppId=35635&TYPE=Posts&pid=21&MNU=18&SUB=

Comments

comments