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Business News of Thursday, 19 December 2002

Source: GHANAIAN TIMES

30,000 Lay-Offs In Timber Industry -Union Worried

The Timber and Wood Workers’ Union of the TUC yesterday asked the Ghana Timber Millers’ Organisation (GTMO) to immediately stop its member companies from laying off more workers in the timber industry.

Already over 30,000 workers, constituting about 25 per cent of the industry’s total workforce, have been sent home mainly because of liquidity problems.

The Union has instead called for an effective collaboration between all the stakeholders in the industry to find a lasting solution to the issue and other problems confronting it in order to help move the national economy forward. Mr. Joshua Ansah, General Secretary of the Union announced this at a press conference in Kumasi.

He renewed the union’s call on the government to initiate a pragmatic dialogue with the stakeholders of the industry “as soon as possible to save the industry from collapse.”