vsep

NEDCO to pay $7.5 million to 40 VSEP workers

Approximately 40 National Entrepreneurship Development Company Ltd (NEDCO) workers who were offered voluntary separation packages in February were sent home on May 1.

These employees will receive $7.5 million in VSEP payments by the State-owned enterprise at the end of June.

Atlantic LNG offers VSEP to workers

Yet another energy company is seeking to trim staff. This time Atlantic LNG is offering its workers early separation packages.

The following is Atlantic LNG's statement.

"Atlantic will on June 14 2017, make a Voluntary Separation of Employment Package available to permanent employees.