Amonil Slobozia to lay off 28% of staff

Ziarul Financiar 14.07.2006
Amonil Slobozia, a chemical fertiliser producer, will lay off 231 employees, following a decision made in the Extraordinary General Meeting of Shareholders. In the EGM that took place at the end of last week, a new organisational structure and a new organisational chart, which contains 650 posts against the current 831, were approved. The new organisational structure will come into force starting on September 1, and the collective layoffs will begin on August 11. The average number of employees stood at 943 at the end of last year, and reached 884 at the end of the first quarter of this year. "Certain departments within the company will be eliminated. This also means fewer employees in management positions," said Victor Dobrescu, chairman of the Board of Directors. The shareholders also decided to change the employees' working schedule from five to four shifts.