Services of 24,600 private sector employees terminated as of Sept 30 - News Summed Up

Services of 24,600 private sector employees terminated as of Sept 30


KUALA LUMPUR: A total of 24,600 private sector employees were laid off as of Sept 30, the Dewan Rakyat was told today. Human Resources Minister M. Kulasegaran said of these, 21,625 involved ordinary terminations, while 2,975 employees were in voluntary separation schemes (VSS). The number of affected employees in the manufacturing sector was 7,944, administration and support services (7,309); commerce, wholesale and retail (2,123); financial and insurance activities (1,748); and accommodations and food and beverage services activities (1,049). Meanwhile, 679 employees in the information and communications sector were affected, he said during the question-and-answer session at the Dewan Rakyat sitting today. Last year, Kulasegaran said, the number of employees whose services were terminated was 23,168, of which 17,236 were ordinary terminations and 5,932 were through VSS.


Source: New Strait Times November 04, 2019 09:00 UTC



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