Tuesday, August 03, 2010

Cuba to lay off 1 million 'excess' public sector workers

Cuba to lay off 1 million 'excess' public sector workers
15:44 02/08/2010
RIA Novosti. Anton Denisov

Cuba will start slashing one million excess jobs in the public sector,
Cuban President Raul Castro said on Monday.

"After months of investigations held under a program to renew the Cuban
economic model, the Council of Ministers has adopted a number of
measures aimed at reducing the number of surplus workplaces in the state
sector," Castro told the country's parliament.

The country's leader said that one million workplaces in Cuba are
surplus - some 20% of the country's employable population.

Currently, the vast majority of Cuba's economy is in state hands.
Castro's move is aimed at limiting the number of state workers and
expanding self-employment.

Castro said he would launch new wage and salary regulations early next
year, but did not give specific details.

HAVANA, August 2 (RIA Novosti)

http://en.rian.ru/world/20100802/160040840.html

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