00:00About 100 employees of petrochemical company Proman Trinidad, the largest tenant on the
00:06Point Lisa's industrial estate, are being laid off. The company staff members were notified today
00:13in an email notice. The notice said that individual consultations were conducted with
00:18the impacted employees and that the process has resulted in a 9% reduction of the total workforce.
00:25Proman employs more than 1,100 people in Trinidad. The notice from Proman's Executive Director Anand
00:33Ragbur today said, quote, today has been an extremely difficult day at Proman. Earlier today,
00:39we conducted individual consultations with impacted employees across Proman Trinidad as part of our
00:46ongoing global organizational alignment exercise. The process has resulted in a 9% reduction in all
00:54local workforce, end quote. Today's exercise marked the conclusion of the notification phase of the
01:01reorganization and the beginning of Proman's transition into its new organizational model.
