Jordan denies CIL layoff talk
The CLICO International Life (CIL) judicial manager for Barbados has denied that employees will be laid off as early as this month, as he pushes to meet a deadline to lay his final report in court.
Partner at Deloitte Consulting Oliver Jordan, who along with Patrick Toppin was appointed to oversee the management of the financially-strapped insurance company, sought to clear the air after employees attending a meeting last month expressed concern that their jobs were on the line.
Staff had reported they were informed “they could be laid off as early as March”.
However, Jordan told the SUNDAY SUN that was not the case.
“At no time were employees informed that they could be laid off as early as March 2013,” he said in an email response to queries. “Rather, there is a timetable set by the judicial manager which aims at completion of the last round of reporting to the courts in all the territories by 31 March, 2013.”