Massive Cuba Layoffs to Continue

Cuban workers will once again march in support of the government on May 1st. The only union federation, the CTC, supports the plan to continue massive layoffs. Photo: Bill Hackwell

HAVANA TIMES, April 27 — The Cuban government projects to lay off 170,000 workers this year as part of a reorganization plan aimed at “updating” the island’s socio-economic system, according to a news report on national television on Thursday.

The current process is “more realistic than the one launched last year,” said outspoken journalist Ariel Terrero, who specializes in economic issues.

He was speaking on his weekly news magazine program “Buenos Dias.”

During his report, it was learned that more than 370,000 Cubans have turned to non-state forms of employment since the beginning of this drive by the government in October 2010.

It is expected that by the end of the year, that year this figure will reach 600,000.

Large scale layoffs are a keystone of the government’s attempt to rescue the depressed economy.  The only labor union federation, the CTC, fully supports the layoff program.

 

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