Second largest tobacco firm in Malaysia may cut 40% of workers

O’ Rourke: We have entered into consultation process on the matter. As this process is ongoing, we are not yet in a position to comment on or confirm what the potential changes may be here, but will provide further clarity in due course.

PETALING JAYA: The second largest tobacco company in the country will be undertaking a significant downsizing exercise, just two years after it shut down its manufacturing plant.

According to sources, JT International Bhd (JTI Malaysia) is looking at trimming its workforce by about 40%, or around 170 people, over the next two years.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

JTI , JT International , O'Rourke , downsizing , cut , workforce , close , plant ,


Next In Business News

Strong economic fundamentals, prudent management to contribute to stronger ringgit Premium
Matrix Concepts announces preview of latest Melbourne project Premium
Poor skinny kid from Malaysia makes it really big Premium
Brent could push past US$150/bbl if Russian oil exports shrink, BofA says Premium
Indonesia to allocate about 1 million tonnes of palm oil for export Premium
UK equities record best week since mid-March Premium
Oil settles up ahead of US driving season Premium
World stock markets rally, treasury yields fall on inflation data Premium
Wall St Week Ahead-Stock rally fanned by hopes of Fed 'past peak hawkishness' Premium
Embracing sustainability Premium

Others Also Read