Hotel Tower finds buyer, but workers to be laid off

Hotel Tower says it has found a buyer and all remaining workers will be laid off as part of the sale agreement—a move that has left workers with mixed feelings.

“We met with a director of the company today and the mediators. What was explained was that the hotel had a buyer but the buyer isn’t buying over the past responsibilities of the company, nor do they want the current employees… so they will give them an initial payment to pay off all expenses and work from there,” an official from the Ministry of Labour explained to Stabroek News yesterday.

The official said that the ministry met with Hotel Tower Director Salim Azeez mid-morning yesterday regarding payments to  …..To continue reading, login or subscribe now.

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