By Bernard Mpofu, March 24 (The Source) – Fast foods group Innscor Africa is laying off an undisclosed number of employees at its bakery unit to reduce operating costs, its spokesperson said on Monday.
“We have no specific numbers of people we wish to retain. We are floating a voluntary retrenchment package to see what sort of uptake we will get from the organisation,” Innscor spokesperson Musekiwa Kumbula told The Source in an emailed response to questions.
Bakers Inn, which commissioned a $16 million bread making plant in June last year, is currently operating at 50 percent of installed capacity, necessitating the lay-offs. The new facility has a maximum capacity to produce 640,000 loaves a day.
“This (retrenchment exercise) is normal business practice as we investigate how we can reduce costs and remain lean, mean and viable in a challenging economic environment,” said Kumbula.
Bakers Inn, according to officials, has a market share of 40 percent, making it the largest bread maker in the country.