Julius Berger Retires 6,000 Workers Due to Recession
Julius Berger Nigeria Retires 6,000 Workers Due to Recession
Construction goliath, Julius Berger Nigeria (JBN) has mandatorily retired about 6,000 workers in the last two years.
However, it was not all gloom and doom when the company appreciated another 878 workers with long service award as it is its tradition.
Julius Berger Nigeria Executive Director, Administration, Zubairu Ibrahim, said “As the recession bites harder, we have to reduce our staff strength by 6,000 to remain in business.
Painful Economic Decision
It was painful for Julius Berger Nigeria but it was a difficult decision we have to take, however, all the staff that were laid off were paid all their benefits including their contributory pensions, we have also informed them that we are going to re-engage them soon as things improves because we know that we spent so much in their various trainings hence the company cannot afford to lose them total.”
In appreciation of their dedicated staff who have put in from 10 to 40 years of meritorious service various prizes ranging from 26’’flat screen colour Plasma television, various months of salaries, Service Plaque, transport and Meal subsidy were given.
2,000 Julius Berger Staff Benefit From Training
With no fewer than 2,000 staff benefiting from the JBN’s several trainings in 2016, 7 staff getting promotions from junior to senior staff category, 25 staff receiving special bonuses, 65 students trained on industrial wealth schemes while hiring some National Youths Service Corps (NYSC) members, JBN has had another good year.
The Assistant Superintendent, Carpentry of Julius Berger Plc, Mr. Ezinne Timothy, who has served 40 years in the company, thanked JBN for the largesse.