FGV denies report of plans to lay off 6,000 workers

CEO Haris Fadzilah Hassan says FGV only plans to reduce 10% of the manpower cost per year.

KUALA LUMPUR: FGV Holdings Bhd has denied a news report today stating that the plantation company is seeking to reduce 6,000 workers over a three-year period as a move to trim costs, while optimising assets under its extensive turnaround plan.

In a statement to TV3’s Buletin Utama today, he said the plan included the cost reduction of overtime allowances, medical bills and others for the employees.

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