Gasim’s Villa laying off staff
Exiled Jumhooree Party leader Gasim Ibrahim’s Villa Group conglomerate is laying off staff due to financial constraints.
06 Dec 2017, 9:00 AM
Jumhooree Party leader Gasim Ibrahim’s Villa Group conglomerate is laying off staff due to financial constraints, Mihaaru has reported.
“We’re reducing staff from various places. But we assure that no common employee will be dismissed from any resort operated by Villa. Even if we dismiss some senior staff, we won’t fire any staff like room boys or waiters,” Simad Ibrahim, executive director of finance, told the newspaper.
On Sunday, some 15 employees were let go from Vmedia, including all of the staff from the group’s radio station. Gasim’s Vmedia, which operates a TV station and news website, has also ceased publishing its magazine.
Of the 4,000 workers employed by Villa, some 2,800 are reportedly Maldivian, including nearly all employees at senior management level.
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