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Wednesday, 20 June 2018


Layoffs in Georgian companies

2009-02-05 16:37

Though the President of Georgia stated that the global financial crisis will not hit the citizens and the government will do everything to create new working places, Georgian companies keep sacking their employees.


Previously the two biggest banks (The Bank of Georgia and TBC Bank) fired hundreds of employees, and then the process was continued in other companies.

Two days ago the employees of Tbilisi Water (former Tbilisi water channel) came and were said they were working there no longer.

Nobody had warned the workers of the coming sacking, and they felt indignant. They stated ready to start protest actions against the layoff.

According to the workers, they are not even promised compensation the employees of Telasi (power distributing company in Tbilisi) were granted after their dismissal.

Today Omar Gotsiridze, the Tbilisi Water technical director held a briefing as a response to the claims of the workers. He said that the process of optimization (i.e. layoffs) was planned beforehand, last year, due to reorganization of the company.

According to Gotsiridze, the staff of the Tbilisi Water is padded: over 2 thousand people (on January 1st 2009). 129 of them are fired, according to Gotsiridze's data.

The technical director said that due to optimization the vacancies are advertised, high-qualified employees will preserve their positions, new contracts will be signed with them.


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