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Nairaland Forum / Nairaland / General / Career / MTN Nigeria Sacks 280 Long-serving Workers, Others (20874 Views)
American University Of Nigeria Sacks 400 Staff / Aliko Dangote Celebrates Long Serving Employees / MTN Nigeria Sacks 280 Long-serving Workers, Others (2) (3) (4)
MTN Nigeria Sacks 280 Long-serving Workers, Others by udilson: 1:16am On May 02, 2017 |
It's really a shame that every day thousand of jobs are lost in the name of restructuring and entrenching while all we and politician are Showing no concern about by making policy that would stop these nonsense these. We are being killed at their country and yet these iz wat they would compensate us wt In one fell swoop, South African telecoms firm, MTN, on Friday sacked 280 of its employees in Nigeria, in a major job cut that affected about 15% of the company’s entire Nigerian workforce. Those affected by the move include some 200 permanent employees and about 80 contract staff across various cadres, ranging from new graduates to senior managers, multiple sources told PREMIUM TIMES. Many of those sacked spent up to 15 years with the company having joined MTN as it opened its business in Nigeria in 2001. Our sources said affected workers were given a dismal severance of 75% of their gross monthly income multiplied by the number of years with the company. “Given that the company is about 16 years old in Nigeria, the severance package brought pain and discontent among the affected staff,” one source said. “With the payoff structure, senior managers with 15 years of service were left with about N15 million. Most of the staff got less than N5 million.” MTN Nigeria recorded nearly $1 billion in profit in 2016. However, the telecoms firm was heavily fined by the Nigerian government for failing to disconnect 5.2 million unregistered subscribers. The spokesperson for the company, Funso Aina, could not be reached for comments on Monday. But a source familiar with the latest downsizing said 200 of those affected had earlier agreed to leave the company voluntarily. The source said the sackings were as a result of “the changing dynamics of the telecoms industry in recent times”. The source said the company introduced the voluntary severance scheme, VSS, to provide a window for one week in April, for persons who have served in MTN for five years and above to take up. Those who decided to leave under the VSS were to be paid the equivalent of their three weeks gross salary for every year they worked with MTN. “What it means is that if one worked in MTN for five years, one would be paid three weeks of their gross salaries times five,” the source said. Eventually, all 280 staff were disengaged under the VSS and paid their benefits, the source said. Source: http://www.premiumtimesng.com/news/headlines/230092-mtn-nigeria-sacks-280-long-serving-workers-others.html 1 Like |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by thesicilian: 1:28am On May 02, 2017 |
No matter how good or how close to the manager you are, at the end of the day the interest of the company and owners always comes first. 22 Likes 1 Share |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Nobody: 2:11am On May 02, 2017 |
Another 280 Jobless citizens to join almost 25 million of we unemployed Nigerians. If these people have at least 5 people that also depends on them for feeding and shelter, that would be around 1500 people affected. How people no go behave bad? 13 Likes 1 Share |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Atiku2019: 4:04am On May 02, 2017 |
you can start a good business in Nigeria with 5 - 15million. Any smart worker should have built his house while working with MTN for 15years. 59 Likes 3 Shares |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Nobody: 4:56am On May 02, 2017 |
fuckerstard:They are well compensated.It is left for them to be judicious with their pay off.So many Nigerians who are working for government have not been paid for 3 years. 15 Likes 2 Shares |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Nobody: 4:56am On May 02, 2017 |
They are heavily compensated.Unlike Nigerian government where a civil servant who has worked for 35years will be paid #500k as gratuity. His or her monthly pension may not be paid for months,while governors who steal for 4 or 8 years in political office will be receiving #2m every month as pensions.3 brand new cars every month,free medical for him and his family and free vacation to any country of the world paid by the state 23 Likes |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by azimibraun: 5:16am On May 02, 2017 |
Booked!!! |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Nobody: 5:28am On May 02, 2017 |
Build more prisons like you know how to do best FG, cus people will definitely comit more crimes. Spits on FG's heads 6 Likes |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Mannylex(m): 5:28am On May 02, 2017 |
This is terrible. 2 Likes |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by nmreports: 7:27am On May 02, 2017 |
Jesus. Thats a lot. |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Hiccups: 7:27am On May 02, 2017 |
Politicians are busy commenting on Jellof rice, Nigerians are occupied with BBN and now AJ related news, None or maybe microscopic few are asking the right questions. In between all these we don't know who is leading the country, too many uncertainties 15 Likes |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Nobody: 7:27am On May 02, 2017 |
Mannylex: Terrible But they can start a good business with what they were paid and become an employer of labour, unless they are lazy and self-centre! |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by jegz25(m): 7:27am On May 02, 2017 |
Jesu...ontop dis hard time? 2 Likes
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Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Nobody: 7:28am On May 02, 2017 |
They will now go to employ others that will receive a third of their salary Cost cutting strategies 7 Likes 1 Share |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by money121(m): 7:28am On May 02, 2017 |
Another Successful Roofing Project @ Owo in Ondo State.. Please what are you waiting for.. Call/WhatsApp 080-85-310-359 For your Next Roofing Project Steptiles Aluminum 0.55mm guage Roof meters 388m Cladding 99m flat Sheet 76m Total Amount Spent for the materials: 1,204,500 1 Like
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Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by cr7rooney10(m): 7:28am On May 02, 2017 |
Emptyhen 1 Like |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Wiseandtrue(f): 7:29am On May 02, 2017 |
Insult Jonathan all you can and all you want! This regime is not fit to be compared to his - Nigerian Masses 14 Likes 1 Share |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Tenim47(m): 7:29am On May 02, 2017 |
Atiku2019: bros dont expect much, infact dont use SMART for a nigerian |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by massinola(m): 7:29am On May 02, 2017 |
I thought we are out of recession already according to APC? upon all the recovered money, the economy is still sinking deep. What's the problem in this country? Is it that the barber doesn't know his work, or the clipper isn't sharp? Cos me I don tire 11 Likes |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by ncha373(m): 7:30am On May 02, 2017 |
Xenophobia in Nigeria by the xenophobian masters |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Leeeekeeee: 7:30am On May 02, 2017 |
Make them sef start recharge card printing abi nah only young graduate wey no get work them go dey advise that biz idea... 1 Like |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by uckennety(m): 7:30am On May 02, 2017 |
fuckerstard: Wrong quote It's 145 million unempLoyed 8 Likes 1 Share |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by obembet(f): 7:30am On May 02, 2017 |
H |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by ncha373(m): 7:30am On May 02, 2017 |
C |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by slick1(m): 7:32am On May 02, 2017 |
No firm wants to train their staff anymore. They looking for ready-made stuff. |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by dragonking2: 7:33am On May 02, 2017 |
By the time Buhari is finished , almost everyone will be jobless in this country 3 Likes |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by opalu: 7:33am On May 02, 2017 |
We need ESTATE INVESTMENT MANAGERS for a new project in abuja. To attract investors for our new projects and also to manage our relationship with investors till completion of the project. Similar job experience is key send cv to daystarshelter@gmail.com |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by ncha373(m): 7:34am On May 02, 2017 |
Xenophobia in Nigeria by the xenophobian masters [quote author=wizzyrich post=56120541]Build more prisons like you know how to do best FG, cus people will definitely comit more crimes. Spits on FG's heads..... lucky dube... prison |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by onosprince(m): 7:34am On May 02, 2017 |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by Rayfield: 7:34am On May 02, 2017 |
. |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by obonujoker(m): 7:35am On May 02, 2017 |
Na wa... so they want to come and join the unemployed.... |
Re: MTN Nigeria Sacks 280 Long-serving Workers, Others by gabbasin(m): 7:35am On May 02, 2017 |
now that a 4 litre paint bucket measurement of garri is 1,100 naira, I advice them to invest their payoff in agriculture 1 Like 1 Share |
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