{"id":24471,"date":"2023-01-25T09:30:59","date_gmt":"2023-01-25T09:30:59","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers"},"modified":"2023-01-25T10:04:26","modified_gmt":"2023-01-25T10:04:26","slug":"textile-firm-threatens-to-retrench-workers","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers","title":{"rendered":"Textile firm threatens to retrench workers"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>One of Lesotho\u2019s biggest textile companies with 6 000 employees, Precious Garments, is threatening to retrench workers following what it says is a massive slump in business.<\/p>\n

The planned retrenchment could dump thousands of Basotho on the jobless heap at a time when the country is grappling with severe unemployment. In a letter written on 11 January 2023, the company said the on-going economic meltdown triggered by the Russia-Ukraine war \u201chas adversely affected the market\u201d.<\/p>\n

As a result of the economic headwinds posed by the war, the company says it is likely to retrench workers from the beginning of this year. \u201cA glimpse of job shortages was observed during the just ended festive season where people who were engaged to do special and urgent orders had to be sent back home earlier than the agreed timeframe,\u201d the letter reads.<\/p>\n

\u201cThere are clear signs that more of such incidents will replicate themselves,\u201d it said.<\/p>\n

\u201cExperts have advised that the crisis is likely to last for the better part of 2023.<\/p>\n

\u201d The company said to stay afloat, it is now pleading with workers to take voluntary retrenchment.<\/p>\n

It also said all workers who have exceeded the statutory retirement age of 60 should approach management to initiate arrangements that could lead to a mutually agreed termination plan.<\/p>\n

The company says the proposal is in line with recommendations from buyers who have advised them not to recruit people who have reached the statutory retirement age.<\/p>\n

It says more proposals will be made as the year continues adding that extensive consultations will be made to all who will be affected by the retrenchment.<\/p>\n

\u201cTherefore the company wishes to inform all relevant stakeholders of the said development,\u201d it said.<\/p>\n

\u201cThe schedule of engagement is going to be released soon.
\nHowever, the Deputy Secretary General of the Independent Democratic Union of Lesotho (IDUL), May Rathakane, has dismissed the planned retrenchment as a ruse.<\/p>\n

He said the company is in the habit of threatening workers with retrenchments every time they are supposed to review salaries. \u201cThey did it for the past two years,\u201d Rathakane said, adding that \u201cit has been a challenge for years\u201d.<\/p>\n

\u201cThis is just a strategy to threaten the employees who are demanding a hike on their salaries under the pretext that the business is bad,\u201d he said.<\/p>\n

\u201cThis has been happening almost during the same time for the last two years.<\/p>\n

\u201d Rathakane said the factory has written them a second letter suggesting that it is going to put the employees on short-term contracts.<\/p>\n

He said they know that the economy is bad and they cannot shun away from the reality that businesses are struggling. \u201cBut what the firm is saying has serious implications,\u201d he said.<\/p>\n

The National Clothing, Textile and Allied Workers Union (NACTWU) Secretary General, Sam Mokhele, said they are aware of the letter from the factory. \u201cThis is bad news especially because there are already some people who have been retrenched,\u201d he said. He said the factory has warned the workers to brace for more retrenchments.<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. One of Lesotho\u2019s biggest textile companies with 6 000 employees, Precious Garments, is threatening to retrench workers following what it says is a massive slump in business. The planned retrenchment could dump thousands of Basotho on the jobless heap at a time when the country is grappling with severe unemployment. In a […]<\/p>\n","protected":false},"author":84,"featured_media":24470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8],"tags":[233,246,810,245],"class_list":["post-24471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","tag-africa-press","tag-africa-press-lesotho","tag-business","tag-lesotho"],"yoast_head":"\nTextile firm threatens to retrench workers - Lesotho<\/title>\n<meta name=\"description\" content=\"One of Lesotho\u2019s biggest textile companies with 6 000 employees, Precious Garments, is threatening to retrench workers f ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Textile firm threatens to retrench workers\" \/>\n<meta property=\"og:description\" content=\"One of Lesotho\u2019s biggest textile companies with 6 000 employees, Precious Garments, is threatening to retrench workers f ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-25T09:30:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-25T10:04:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2023\/01\/postQueueImg_1674626552.59.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1660\" \/>\n\t<meta property=\"og:image:height\" content=\"1102\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Textile firm threatens to retrench workers\",\"datePublished\":\"2023-01-25T09:30:59+00:00\",\"dateModified\":\"2023-01-25T10:04:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers\"},\"wordCount\":517,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2023\/01\/postQueueImg_1674626552.59.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"Business\",\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/textile-firm-threatens-to-retrench-workers\",\"name\":\"Textile firm threatens to retrench workers - 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