Telecommunication companies may be compelled to lay off workers if the current power crisis continue.
As Ghanaian businesses and investors are bearing the brunt of the crisis, more workers are expected to be laid off due to the increasing cost of doing business.
It is estimated that about 5,000 industry workers could lose their jobs by September if the power situation does not improve.
Telecommunication companies in the country may soon be compelled to lay off workers if the current power crises continue.
Kweku Sakyi Addo, Chief Executive Officer of the Telecommunications Chamber, explained to Citi News that the situation is worsening and companies may be forced to lay off workers to cut cost.
“Telcom industries are also straining under the current power situation. The towers,cell-sites run on electricity, you’ve got to find the money from somewhere because this outages if it gets worse and worse, its burning your pockets. So the resources are going to be found from somewhere to do this.
It could even mean the reduction of head count that is jobs could be lost because the money has to come from somewhere.”
The Ghana Employers’ Associations has confirmed that close to 13,000 workers have been sacked in the last four months. According to employers, the situation can be solely blamed on the ongoing power crisis and the resultant increase in the cost of production.