The Farmington Hotel started off 180 employees, but that was short lived. Monday news surfaced that the services of 40 persons had been terminated.
The affected employees, who now appeal for government’s intervention, said they were laid off two weeks to the end of their respective probation period.
The downsizing took place on June 22, two months and three weeks after hiring.
According to the Daily Observer, Farmington Hotel’s Liberia-based Lebanese partners, representing the Abi Jaoudi Group, masterminded the retrenchment exercise at the hotel.
Farmington’s decision to let go 40 of its workforce came barely a month after the government granted the management a 30-year tax holiday.
On May 30 of this year, 34 of the 73 Representatives on Capitol Hill voted to ratify a 30-year Investment Incentive Agreement between Liberia and the Roberts International Airport (RIA) Hotel Resorts, Incorporated. In that session, there were 38 Representatives present, and 34 of them voted overwhelmingly for the passage of the ‘Tax Holiday’ agreement, following a report from the Joint Committee on Investment and Concession and Judiciary.
The report argued that the hotel or tourism business is a struggling industry in Liberia, and should therefore enjoy a tax holiday.
Read More at Daily Observer.
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