Move to reduce staff at GLCs involves 5,134
Published on: Thursday, October 27, 2016
Kuala Lumpur: The move to reduce staff at government linked companies (GLCs), those owned by the government through the Minister of Finance Inc (MoF Inc)and banking entities, involves 5,134.This was stated by the Ministry of Finance in a written reply to Lim Lip Eng (DAP-Segambut) and distributed to the media in the Dewan Rakyat here.The MoF said five GLCs had terminated or did not renew staff contracts.
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They are Malaysia Airline System Bhd (4,682), Kumpulan Affin (146), Boustead Holdings Bhd (151), Chemical Company of Malaysia Bhd (153) and Malaysia Airlines Bhd (two)."In the case of MoF Inc companies, two, namely Petroliam Nasional Bhd and Bank Pertanian Malaysia Bhd cut staff numbers by 1,000 and 36 respectively.Stay up-to-date by following Daily Express’s Telegram channel.
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