Job cuts coming at UDC
Daraine Luton, Senior Staff Reporter
Job cuts are coming at the Urban Development Corporation (UDC).
A decision on the number of persons to lose their jobs as part of a rationalisation will be made by Friday.
Oneika Miller, permanent secretary in the Office of the Prime Minister, said the UDC management will be meeting with the finance ministry on Friday to sign off on the scope of the exercise.
Appearing before the Public Administration and Appropriations Committee (PAAC) of Parliament today, general manager Desmond Malcolm, said the UDC has been trying to cut staff for two years but has been prevented from doing so because of agreement between the Government and trade unions which speaks to maintaining jobs.
The UDC had projected to spend $63.9 million on administrative expenses up to July this year but spent $92.9 million.
Malcolm said the overruns is due to its inability thus far to undertake staff rationalisation.
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