Admarc ‘abandons’ austerity
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Admarc has appointed Aubrey Sumbuleta as deputy chief executive officer. This position was previously scrapped three years ago as part of a cost-cutting effort. The appointment occurred outside of the organization's approved establishment. This move comes as the state grain trader continues to struggle financially. In 2023, the agency significantly reduced its workforce from around 4,000 employees to 1,585.
Admarc has revived the position of deputy chief executive officer and appointed Aubrey Sumbuleta to the post outside its approved establishment, three years after scrapping it to cut costs. The move raises questions about financial prudence at the struggling State grain trader, which cut its workforce from about 4 000 to 1 585 in 2023 … The post Admarc ‘abandons’ austerity appeared first on Nation Online .
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