Senior Reporter
otto.carrington@cnc3.co.tt
More than 200 workers are facing months of uncertainty as Nestlé Trinidad and Tobago’s sale process moves into its next phase, with the Oilfields Workers’ Trade Union (OWTU) revealing that an international firm in Switzerland will oversee the transaction while dairy farmers continue to voice fears over the future of the local milk industry.
Speaking after a meeting with company officials on Thursday, OWTU first vice president Sati Gajadhar-Inniss said workers were told the sale process is expected to take between six and nine months as the company completes an assessment of its assets before inviting prospective buyers.
“They’re now confirming their assets, and an international company in Switzerland will be handling the sale. Any preferred buyers or potential buyers have to pass through them,” she said.
Gajadhar-Inniss said the union was informed that more than 200 employees are expected to be affected, although management was unable to provide a final headcount.
“We asked for the total number inclusive of management and all workers, but they weren’t able to give us that at this point. They committed to providing that information at our next meeting on July 29 before giving us the bargaining unit figures,” she said.
The latest development comes as dairy farmers have also expressed concern over the uncertainty surrounding Nestlé’s future.
In a recent Business Guardian report, farmers said they feared losing their largest buyer, with some questioning why they were excluded from recent discussions between Government officials and Nestlé executives on preserving jobs.
Gajadhar-Inniss said the union also sought clarification on those discussions.
She acknowledged workers remain divided over whether to stay with the company during the transition.
“Some people are asking if they should leave before because they don’t know how new buyers will treat them if they come in. There are mixed views.”
However, the union is encouraging employees to remain committed while the process unfolds.
“Our position is that once the company continues to operate, workers should continue to perform to the best of their ability because if preferred buyers emerge, they may have the option of purchasing the company with its experienced workforce.”
The OWTU expects to receive further details on the sale process, the total workforce and other outstanding issues when it meets company officials again on July 29.
