Fri, 10 Jan 2020 17:44 - Updated Fri, 10 Jan 2020 17:44
Sonangol denies allegations on employees layoffs
Luanda - Sonangol has denied allegations it is making the employees redundant as part of the restructuring process underway in the state-owned oil company since 2018.
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Photo: Pedro Parente
Sonangol states that such an allegation, which implies that the measure stems from a pressure by a particular international entity, is false and unfounded.
Reacting to the reports circulating on the social media alleging that
the restructuring process should culminate with layoffs, the company clarifies that the regeneration programme foresees the moving or relocation of staff in positions that match their skills and according to the new organic.
Such a measure does not mean a reduction process of the current workforce, Sonangol clarified in its press release.
“However, naturally and on voluntary basis, workers may leave through early retirement and other modalities that always constitute mutual agreement, in accordance with the legislation in force,” reads the Sonangol note.
Sonangol also informs that the meetings from which misrepresentations may have been extracted that fuel this speculation are part of the ongoing process of contractual regularisation of the third-party workers, allocated in Sonangol business units, on a Temporary transfer basis of Workers, in the light of Presidential Decree 31/17 of 22 February.
It reaffirms that the ongoing Restructuring Programme is primarily aimed at making Sonangol stronger, competitive, focused on the core business and its most important and valuable asset, which is human capital.
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Luanda - With a registered capital of over US $ 12 billion, Sonangol is strong enough to continue its business, maintaining the trust and credibility of its partners (investors and banks).