Sri Lanka port to shed excess staff

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Sri Lanka port to shed excess staff - LANKA BUSINESS ONLINEOver 5,000 of these excess employees were employed after Mahinda Rajapakse became Prime Minister in April 2004, and President in
2005. The Voluntary retirement scheme would cost the port more
than 5 Million dollars, and those accepting the retirement and golden parachutes will be employed again in Hambantota.

If there are two new ports being built in Hambantota and Colombo why
should there be voluntary retirement and excess payments. This is another
political bungling, mismanagement and poor governance.