Around 50 Cos E Romania To Lay Off Over 1,400 Employees By Mar

A number of 49 companies in Romania's eastern county of Neamt will lay off 1,419 employees by March, Mecanica Ceahlau and Ga-Pro-Co Chemicals dismissing the highest number of employees, according to the county’s Employment Agency.

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The 49 companies total 4,538 employees.

"At the end of December 2008, Neamt county had a 4% unemployment rate, up from 3.4%-3.7% during this period the previous years.(…) The situation is alarming," the director of the agency Rodica Titela Popescu said.

Popescu said the biggest problem is posed by the unemployed people who do not find a job and prefer instead to cash state aids, as well as the low number of jobs in Neamt county.

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