40 per cent of employees at Abeco Ltd will be dismissed after the company lost one of its major clients, a General Workers’ Union statement said yesterday.

This was announced to the staff by the company management yesterday.

The union had been informed of this decision last Monday.

The union said the company has been passing through difficult times and the workers had accepted to work a four-day week to safeguard their employment. The company employs 28 workers and has been producing tools in Malta since 1970.