Unilever Caribbean Limited (UCL) has sent out a notice confirming that it has embarked on a retrenchment exercise as a result of restructuring of its operations in T&T.
The company said the decision was taken after "exhaustive analyses of the current operations to ensuring the economic viability of the organisation."
UCL said a series of improvement initiatives in all areas of operations in the past two years which did not yield the results required to keep the company viable. It added that in the last six months there had been consultations with the Oilfield Workers' Trade Union (OWTU), the recognised majority union for its workers.
"These extensive discussions were conducted with the objective of reaching a mutually agreeable outcome in the interest of all concerned," UCL said.
"The company will continue to prioritise the safety of all personnel and will actively pursue the wellbeing of the people and the operations of the company. UCL will abide by and operate in accordance with all legal obligations in all matters relating to this decision."
UCL said it will sharpen the focus of its core business to ensure the long-term sustainability of its operations in T&T and the region.
"UCL recognises that this process has been difficult for its employees, their families, and entire communities in Trinidad and Tobago. The company extends its appreciation for the outstanding service and contribution over the past years and reaffirms its commitment to supporting its employees during this difficult time."
On Tuesday, Neil Mc Eachnie, OWTU branch representative at Unilever, told the Guardian Media that he was unsure how many workers would be sent home but had been informed that an email was sent alerting workers of a meeting to be held. Workers were told by line managers to be present at specific meeting rooms.