TStv Africa

TStv Africa

This year's Workers’ Day celebration turned bleak for about 280 staff of MTN Nigeria following their disengagement by the telco over current economic and operational reasons.

This was as insider sources hinted that the telco was not yet done with the exercise as it intends to prune its over 1,800 permanent workforce and contract staff by 25 per cent to allow for fresh strength in Nigeria’s harsh operating environment.

Report shows that over 15 per cent of the company’s Nigerian workforce was shoved out, in an exercise that affected every department including 200 permanent employees and 80 contract staff across various cadres, ranging from new graduates to senior managers.The dismissed workers were however given a dismal severance package of 75 per cent of their gross monthly income multiplied by the number of years they served the company. However, MTN has yet to release an official statement to that effect but a source disclosed that the mass sack was woven round recession and the changing dynamics of the telecoms industry in recent times.


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