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The management of the Metro Mass Transit (MMT) has discarded its planned layoff exercise at the State Owned Company.
The decision to abolish the retrenchment of over 1,200 workers of the company, the management explained was due to high cost involved.
This was after the job cut exercise was deemed crucial to the sustainability of the company because there are over 3000 workers manning a fleet of 430 buses on road at the moment.
Despite, admitting in a recent interview that “it is a difficult enterprise” keeping the huge numbers to operate only 430 buses, the Board Chairman of the MMT, Ahmed Arthur told State Owned Daily Graphic that; “When we worked out the figures for laying off 1,200 workers, we realized that the figures were too huge and so we had to discard the idea of retrenchment.”
MMT is said to making a daily revenue of GH¢220,000 from the 430 buses in operation currently.