Retrenchment turns ugly at BPC

The retrenchment is part of restructuring under the Masa2020 strategy within which the BPC expects to return to profitability in three years’ time. 

New CEO, Stefan Schwarzfischer and an overhauled team of executives are leading the strategy, which is supported by the Board and the parent ministry. However, workers allege the exercise has turned into a witch-hunt after about 900 workers dumped their internal union and approached the National Amalgamated Local and Central Government and Parastatal Workers Union (NALCGPWU) for membership.