|BTC to create more jobs|
Guardian Senior Reporter
Published: Oct 09, 2011
When the Bahamas Telecommunications Company’s (BTC) voluntary separation exercise (VSEP) is completed within the next few months, it is expected that around 400 employees would have accepted offers to leave the company.
However, despite downsizing, BTC said it is planning to create many full time jobs within the next few months, as it expands its retail and customer service operations throughout the country.
“We would expect over the coming weeks to begin actively recruiting new people into the business,” said BTC Chief Executive Officer, Geoff Houston at a press conference at BTC’s headquarters on John F. Kennedy Drive.
“These will be people that we will directly employ.”
BTC is planning to roll out at least 50 new stores over the next two years. Houston expects these stores will create hundreds of much needed jobs for Bahamians.
“We do believe as we roll out more retail stores that indirectly we’re going to create new employment opportunities for Bahamians and local entrepreneurs. I would think that [those] will be in the multiple hundreds,” he said.
Between 16 and 18 of those 50 retail outlets will be directly owned by BTC, according to Houston.
The remainder will be created as a result of partnerships with Bahamian entrepreneurs, said Houston, who indicated that the final number of retail outlets could grow to more than 50, but that “will be determined by the customer requirements and the demands and the drive of the entrepreneurs we align ourselves with”.
Houston said many of the retail outlets might not fit the traditional BTC model of standalone outlets and could be “shops-within-shops”, and pop up in communities where BTC stores do not usually operate.