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Gov’t proposes negotiated settlement on Firestone’s layoff decision

Varflay Kamara/ Jos Garneo Cephas Sr.
Minister of State for Presidential Affairs, Nathaniel McGil.
Minister of State for Presidential Affairs, Nathaniel McGil.

MONROVIA, LIBERIA - The Government of Liberia is calling on Firestone Management to halt its Redundancy plan. In its official position statement, Government has proposed a negotiated settlement.

The Minister of State for Presidential Affairs, Nathaniel McGill is requesting a negotiated settlement to prevent or delay the planned layoffs. Recently, the Firestone Management announced a redundancy plan of 800 workers during the Second Quarter of 2019.

The Government’s position was made Wednesday, March 20 during a televised meeting presided over by Minister McGill with the Management Firestone in the United States.

According to the statement, the government promised to work along with the Company to address concerns about its current business model. Meanwhile, the Firestone Management says it is committed to constructive engagement with the Government on different options being proposed.

The Management of Firestone has agreed to remain engaged with the Government to find amicable solution to its planned decision to layoff Six Hundred Employees.

It also clarified that the remaining two hundred workers will form part of its retirement process. Last week, Firestone – Liberia announced a reduction in its workforce by 13 percent beginning April.

The Company attributed its decision to lay-off the workers to continued an unsustainable losses from high overhead costs associated with its Concession Agreement with government.

 


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