CAMAIR-CO DEBT WEIGHS: TO LAY OFF 130 EMPLOYEES
The management of the Cameroon Airlines Corporation company’s Georges Njipendi, sent a note to the 130 employees explaining Camair-Co, has revealed the company will be laying off 130 employees as economic hardship soars amid the debt burden of FCFA 110 billion
Marie Glow Glow Info
The management of the Cameroon Airlines Corporation company’s Georges Njipendi, sent a note to the 130 employees explaining Camair-Co, has revealed the company will be laying off 130 employees as economic hardship soars amid the debt burden of FCFA 110 billion.
According to EcoNews, Camair-Co’s Managing-Director, Louis say that the economic hardship facing the corporation is the cause for this sudden decision.
To the provisions of Article 40 of the law of 14 August 1992 on the Labour Code, I have the honour to send you here with the list of workers I intend to dismiss at the end of the six-month period of layoff,” Louis Njipendi stated in a correspondence sent to the 130 employees.
In regards to Camair-Co’s boss, the selection criteria for the 130 employees to be dismissed is based on professional skills, longetivity of the workers in the company, and the family responsibilities of the employees.
Cameroon’s once vibrant airline, Camair-Co, has been on the verge of collapse and the current Boeing 737 aircraft used by the company only for internal flights was rented from Ukraine this October for a three-month period, and will be returned by the end of this month, reports EcoNews.
Recounts that, The Corporation only resumed flights on October 18 this year following an eight-month suspension.
In July this year, Government allocated a sum of FCFA 15 billion to revive the company through the purchase of new aircrafts and facilities for the company.
