Bulgaria's Port of Burgas Lays off 20% of Staff over Crisis

Business | August 24, 2009, Monday // 17:46
Bulgaria: Bulgaria's Port of Burgas Lays off 20% of Staff over Crisis The Port of Burgas is laying off almost 300 workers over the crisis effects. Photo by port-burgas.com

Over 20% of the employees of Bulgaria's largest port, Port of Burgas, will be laid off because of the effects of the economic crisis.

This has been announced by the Port Burgas CEO, Argir Boyadzhiev, as quoted by Focus agency.

This means that about 275 people from the total staff of 1 300 will lose their jobs, with the respective prior notifications and compensations; the layoffs will be gradual.

Boyadziev said the Port talked to trade unions offering them laying off 150 workers, and reducing the social security benefits of the rest by 50%; the syndicates preferred the former option.

At first, the port management is going to dismiss the older workers and the pensioners; the least number of layoffs will be among the technical and mechanics staff.

The global economic crisis has affected substantially the amount of trade going through Bulgaria's largest sea port.

 

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Tags: Port Burgas, port, Burgas, Black Sea, Argir Boyadzhiev, layoff, Global Financial Crisis

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