Salient. Victoria University Student Newspaper. Vol. 38 No. 22. September 11, 1975
1-8-75 — Jobs Freeze to Cut Spending
Jobs Freeze to Cut Spending
K.L. - The Government ordered today a job freeze on existing and new vacancies in government, statutory bodies and public corporations to cut back expenditure.
Jobs can only be filled with the specific approval of the Cabinet or the Prime Minister.
The ruling followed a meeting between Tun Abdul Razak, Datuk Hussein Onn and the chairman of statutory bodies and public corporations at the Prime Minister's Operations Room today.
A statement from the Prime Minister's Office said the action was due to the government's serious concern over the country's financial and economic situation.