Latest News on Retrenchment and News Release on Initiatives by PSMB
03 May 2016
30,000 Workers May Be Retrenched If MWO 2016 Is Enforced In July - MEF - Malaysian Digest
KUALA LUMPUR: The Malaysian Employers Federation (MEF) hopes the government will postpone the Minimum Wage Order 2016 (MWO 2016) slated for July 1. Its executive director, Datuk Shamsuddin Bardan said about 30,000 employees, especially at lower level, may be retrenched if MWO 2016 was enforced. "Employers have to bear high cost if MWO 2016 is enforced and will retrench workers before July to reduce operating cost and retrenchment benefits," he told Bernama, here today.