Sunday, July 18, 2010

Cubans warned of workforce cuts

Cubans warned of workforce cuts
Sunday, 18 July 2010

Cuban president Raul Castro has shocked the nation by saying about one
in five workers may have to be made redundant.

Facing a severe budget deficit, the government hinted at restructuring
or trimming its bloated workforce.

But the warning has caused tension in a country where guaranteed
employment was a building block of the 1959 revolution that swept Fidel
Castro to power.

Details are sketchy on how and when such pruning would take place.

Raul Castro warned however that "hundreds of thousands of unnecessary
workers" may have to go.

Cuba's workforce totals 5.1 million, in a population of 11.2 million.

http://www.belfasttelegraph.co.uk/breaking-news/world/cubans-warned-of-workforce-cuts-14879691.html?r=RSS#

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