Housing & Construction will fire 50 junior employees.
Housing and Construction Holding Co. Ltd. (Shikun u'Binui) (TASE:HUCN), controlled by Shari Arison, will fire 50 employees in the coming days. The company, which employs 2,000 people, does not expect to have to close any of its divisions or subsidiaries as a result of these efficiency measures.
The employees who will be fired are all junior staff and not management personnel.
Published by Globes [online], Israel business news - www.globes-online.com - on December 21, 2008
© Copyright of Globes Publisher Itonut (1983) Ltd. 2008