Pupkewitz offers 1 860 workers voluntary separation packages
All employees of the Pupkewitz Group have been offered a voluntary separation package with a redundancy process to follow by the end of June, the company said in a statement today.
“With Namibia’s economic decline driven by factors that are outside of the group’s control and intensified dramatically by the global pandemic, our business has felt the effects in a very material way. The group finds itself in a position where more drastic action is required to restore some of our businesses to financial health,” said the chairman of Pupkewitz Holdings, Mike Leeming.
“The group has negotiated a number of optional re-skilling courses to be offered free of charge and to assist individuals in transitioning to new income-generating opportunities. Emotional and financial counselling will also be made available to the affected individuals,” said Leeming.
“Arriving at the decision to restructure has been very difficult given the responsibility the group feels towards its people, their families and the greater Namibian community. We believe that this decision will allow us to serve the greater good by securing the jobs of the vast majority of our 1 860 employees,” he said.
“With Namibia’s economic decline driven by factors that are outside of the group’s control and intensified dramatically by the global pandemic, our business has felt the effects in a very material way. The group finds itself in a position where more drastic action is required to restore some of our businesses to financial health,” said the chairman of Pupkewitz Holdings, Mike Leeming.
“The group has negotiated a number of optional re-skilling courses to be offered free of charge and to assist individuals in transitioning to new income-generating opportunities. Emotional and financial counselling will also be made available to the affected individuals,” said Leeming.
“Arriving at the decision to restructure has been very difficult given the responsibility the group feels towards its people, their families and the greater Namibian community. We believe that this decision will allow us to serve the greater good by securing the jobs of the vast majority of our 1 860 employees,” he said.


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