BUSINESS

State companies hit by yet another wave of layoffs

A number of 450 Radiocom employees and 2,000 Posta Romana workers to go, following an IMF demand.

State company downsizing is one of the major pledges the government made in negotiations with the International Monetary Fund (IMF), an austerity measured aimed at economic recovery.

Streamlining is in full swing at SNR (Radiocom), a state-run company in charge of television and radio broadcasts for the Romanian Television Company and the Romanian Radio Broadcasting Company respectively, where 450 jobs will be axed by year’s end, Communications Minister Valeriu Vreme told a press conference, where he laid out the trim-down plan of the companies where the state is a shareholder and subordinated companies, according to Realitatea.net.

The communications minister also announced that three ministry-subordinated institutions – The National Informatics Management Centre, Romania Digitala National Centre and the Supercomputing Centre – will merge, with the workforce to be kept intact nonetheless. The tie-up will lead to an excellence IT centre being set up, to take care of consultancy for other state institutions to develop such applications. Valerian Vreme also said that each of the centres has a president and a vice-president, who will be subject to restructuring.

The announcement follows another one earlier this month on a restructuring plan of Posta Romana, another state company. It refers to seven branches going to be shut down in the coming period, which will result in 146 fewer leadership positions and therefore savings in excess of RON 110,000 a month. The overall downsizing will make nearly 200 employees lose their jobs this year. “As to Posta Romana, the process kicked off this week. Over the next two months, we will witness stepped-up restructuring,” Vreme said. Earlier, Posta Romana announced that each employee would be sent on unpaid leave two days each month until the end of the year.

Under the Government Resolution March 16, 2011, on the 2011 SNR revenue and spending budget, and published in the Official Gazette, SNR will have 1469 employees by the end of this year. The average salary per employee would come to RON 4,068. Contacted by Hot News.ro, Constantin Campeanu, president of the Radio-communications Trade Union Federation, which represents 85 per cent of the SNR employees, said that layoffs cannot exceed 290 this year if the company is to operate optimally. He also warned that, “unless an agreement is reached on SNR operation (…), we will go up to industrial action.”

Related posts

Number of insolvent companies down 10 pc year-on-year

Nine O' Clock

New office space delivered in 2016 in Bucharest to reach 408,000 sqm

Nine O' Clock

Renovation project of conference rooms JW Marriott

Nine O' Clock

Leave a Comment