The Managing Director of Fenaka Corporation has announced that the government will facilitate loan opportunities for employees who have voluntarily chosen to resign, enabling them to pursue entrepreneurial ventures. To date, 108 employees have submitted their resignations, and the company has decided to provide a redundancy package equivalent to four months’ salary to these individuals.
This strategic move aims to reduce the company’s substantial wage expenditure while offering a dignified exit for staff members currently without active roles. The primary objective of this workforce reduction is to streamline company operations and ensure the sustainable delivery of services.
