Nestle to implement transition plan for displaced workers
Nestle Jamaica Limited says it will roll out a comprehensive social plan for workers who will be displaced by the company’s decision to cease local production of the popular drink, Milo.
Nestle has made the positions of about 30 workers redundant.
It says this became necessary as it could no longer absorb high maintenance and production costs.
Nestle says the decision was also influenced by limited growth potential and declining export possibilities.
It says to assist and support employees with the transition, the company will provide individual counselling, training in career and financial management, entrepreneurial training, and short courses at the HEART Trust/NTA.
Nestle says the restructuring efforts will continue into January 2015 with the effective date for the redundancies scheduled for mid-January.
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