Tuesday, May 8, 2012

‘Voluntary leave’ for 15 TelEm employees

PHILIPSBURG--TelEm Group management has confirmed that the company has granted "voluntary leave" to fifteen personnel of various departments within the TelEm Group. At the same time, management has denied five additional employees' requests for voluntary leave and has informed these employees accordingly.

In a press release Sunday, the TelEm Group management did not explain what was meant by "voluntary leave," but the decision is seen to be in keeping with the government-owned group of companies' bid to "right-size" itself by "downsizing" and operating with a reduced staff.

It was explained in the press release that the decision to grant voluntary leave had been taken by the group's Management Board on May 2 and 3, in continuing discussion with union representatives.

The TelEm Group explained that the Management Board believed the five employees not granted voluntary leave most likely could be placed in the new operating company (based on the company's Formation Plan) or that the TelEm Group reasonably could state that these persons otherwise would receive reasonable offers for functions in the new operating company.

TelEm has assured that the company's personnel and all stakeholders are being informed of these developments on an ongoing basis and have been told to expect other decisions in the restructuring process to be taken within the coming weeks.

TelEm Chief Financial Officer Helma Etnel said management viewed these latest developments as internal actions that it would be implementing in full consultation and discussion with the union and employees.

"This is a very sensitive time for all parties concerned and we trust that the public and the media will understand that we prefer to handle these matters internally and out of the public spotlight, in order to maintain the confidential nature of this process," Etnel said.

Source: https://www.thedailyherald.com/islands/1-islands-news/27629-voluntary-leave-for-15-telem-employees-.html

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