6,000 GLC work­ers laid off

The Sun (Malaysia) - - NEWS WITHOUT BORDERS -

KUALA LUMPUR: Over 6,000 em­ploy­ees have been laid off from seven gov­ern­mentlinked com­pa­nies (GLCs) this year.

In dis­clos­ing this, the Finance Min­istry said yes­ter­day the rea­sons for dis­con­tin­u­ing their em­ploy­ment in­cluded ter­mi­na­tion of op­er­a­tions, merg­ing of en­ti­ties, and as part of the busi­ness ad­just­ment process.

The min­istry was re­spond­ing to a ques­tion from Lim Lip Eng (DAPSegam­but) who had asked for sta­tis­tics per­tain­ing to the lay-offs.

“There are five GLCs, un­der the G20 group, that have ter­mi­nated or dis­con­tin­ued the em­ploy­ment con­tracts of a to­tal of 5,134 work­ers,” the min­istry said in a writ­ten a re­ply.

Malaysian Air­line Sys­tem Bhd (MAS) recorded the high­est num­ber of lay-offs, amount­ing to 4,682 work­ers.

The Af­fin Group laid off 146 work­ers, Boustead Hold­ings Bhd, 151 work­ers, Chem­i­cal Com­pany of Malaysia Bhd, 153 work­ers and Malaysia Air­lines Bhd, two.

Two com­pa­nies un­der the Min­is­ter of Finance In­cor­po­rated – Petro­liam Na­sional Bhd and Agrobank – laid off 1,000 work­ers and 36 work­ers re­spec­tively, he added.

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