A relative just hinted that Julius Berger Construction company laid of 120 staff today.
Very pathetic the way people are loosing jobs these days

Recessiom is still on

I hope they are enjoying the change,
2 wonderful years to go

ogododo:
A relative just hinted that Julius Berger Construction company laid of 120 staff today.
Very pathetic the way people are loosing jobs these days

So so sad. We should be creating employment and not sacking those that are already there. pushing them on the streets to add up our already established economic crisis

frankkudos:


So so sad. We should be creating employment and not sacking those that are already there. pushing them on the streets to add up our already established economic crisis

Very sad, but if you think about it, our government has failed to drive the economy in such a way that allows businesses to thrive. Julius berger reported a 3.8 billion naira loss for the 2016 financial year, you can obviously see the resulting effect, cost cutting.

Thavybe:
Very sad, but if you think about it, our government has failed to drive the economy in such a way that allows businesses to thrive. Julius berger reported a 3.8 billion naira loss for the 2016 financial year, you can obviously see the resulting effect, cost cutting.

More have been pencilled down to go again.
Most companies are down sizing. Small companies are closing down because of high cost of doing business and low patronage.
Crime is on the increase now and succide rate is becoming alarming.

My fear is that there may be revolution with all these threat of ethnic group giving quit notices.

frankkudos:


So so sad. We should be creating employment and not sacking those that are already there. pushing them on the streets to add up our already established economic crisis

More companies will still lay off, even many companies can not pay salaries, some up to 13 months.

ogododo:
A relative just hinted that Julius Berger Construction company laid of 120 staff today.
Very pathetic the way people are loosing jobs these days

from which of the sites, lag - sagamu I guess?? The current govt has failed Nigerians woefully, hope Nigerians will correct dia mistake by 2019

Rhesusmonkey:
from which of the sites, lag - sagamu I guess?? The current govt has failed Nigerians woefully, hope Nigerians will correct dia mistake by 2019

Mostly from Lagos / Sagamu site and the Yard around Mile 2

Buhari is a mistake....... He failed... he failed... Jonathan wouldn't have been this worse...

Its unbelievable... see how things are going worse in the country... imagine Julius berger laying off staff...

Explorer, what you have on fp may soon happen in Nigeria as people are loosing jobs left and right.
Even masqurade jobs promised by Mr. Lai is out of it. Yet Sarrki and mynd44 will be defending this government up and down
For the first time Mobil decleared a loss and the industrial crises still on.

obonujoker:
Buhari is a mistake....... He failed... he failed... Jonathan wouldn't have been this worse...

Its unbelievable... see how things are going worse in the country... imagine Julius berger laying off staff...

Here we go again, boss, buhari is not the issue here, the problem is every single Nigerian, inclusive of our leaders.

ogododo:


Mostly from Lagos / Sagamu site and the Yard around Mile 2

I thought as much, too bad for them cos I doubt if they have any strong project at d moment . Sai change!!

Rhesusmonkey:
I thought as much, too bad for them cos I doubt if they have any strong project at d moment . Sai change!!

My relative said most of the work done has not being paid for by government.

We warned them in 2015. Enjoy ur change

How many companies are paying full salaries? Government workers are the worst hit? TVC Africa downsized, do you know why? Some programs on air that do not have any spomsors are no longer airing. Unemployment is alarming. ...we voted for change, enjoy it while it last

ogododo:
Explorer, what you have on fp may soon happen in Nigeria as people are loosing jobs left and right.
Even masqurade jobs promised by Mr. Lai is out of it. Yet Sarrki and mynd44 will be defending this government up and down
For the first time Mobil decleared a loss and the industrial crises still on.

you forgot to add delisting of companies from NSE which would make people jittery, especially investors.

singlessubway:
you forgot to add delisting of companies from NSE which would make people jittery, especially investors.

That na true my brother
lalasticlala must join the protest.
Jobs must be restored.

singlessubway:
you forgot to add delisting of companies from NSE which would make people jittery, especially investors.

Investors confidence have been eroded.

Mynd44 day don break for yard 1 oh

This is serious

ogododo:


My relative said most of the work done has not being paid for by government.

I made inquiries and found out that the 120 staff laid off are from their main yard at mile 2( Euro 65), d initial plan was to shut down their sagamu site by mnth end but seems like FG is trying to pacify dem. They have close to 600 staff at that site alone.

Rhesusmonkey:
I made inquiries and found out that the 120 staff laid off are from their main yard at mile 2( Euro 65), d initial plan was to shut down their sagamu site by mnth end but seems like FG is trying to pacify dem. They have close to 600 staff at that site alone.

It confirms I was not lying.
It is getting worse by the day.

Meanwhile Banks that are supposed to help raise SMEs are declaring bogus profits while industries are on the verge of shutting down...It is well even in the well...

Rhesusmonkey:
I made inquiries and found out that the 120 staff laid off are from their main yard at mile 2( Euro 65), d initial plan was to shut down their sagamu site by mnth end but seems like FG is trying to pacify dem. They have close to 600 staff at that site alone.

I know someone it affected too...

Zetra:

I know someone it affected too...

Lalasticlala it is not only Berger paint, also Julius Berger Construction. Outside no smile at all

This is pathetic.

They should sack all the workers...so that more hands will be willing to bring this zoo down.

e don happen