Bahamas, August 4, 2017 – Nassau – Cost cutting announcements coming in now and on Thursday the Ministry of Tourism revealed that it will be cutting staff. In a statement it was explained, “…it is critical that we implement cost-cutting strategies within the Ministry of Tourism as in this re-organizational phase, it is imperative that costs are reduced and inefficiencies increased … Unfortunately, a component of this plan is a workforce reduction strategy that must be executed as we strive towards creating a leaner and more streamlined and efficient organization.”
During his National Address last week, Prime Minister Dr. Hubert Minnis announced that there was a freeze on public sector hiring and it was shared that a 10% across the board cut to government ministries was to be enforced. Next Tuesday, Government begins a 23 day government employee head count across all islands.
Tourism added that their cuts will mean, reassignments, dissolution of certain departments, repatriations, retirement and terminations. The Ministry of Tourism is calling it a ‘right sizing’ exercise.