News report reaching Nigeria Politics Online confirms that Media giant, Television Continental (TVC) might have relieved 145 workers from its workforce.
It was gathered that reporters of the company located in various States in Nigeria all arrived the headquarters situated at Magodo area of Lagos yesterday, June 1st.

According to the CEO, the mass retrench of workers became imperative because the stations are not commercially viable.


The management might have sacked 145 staff of the media house.

There are indications also that TVC Africa has been rested for inability to break even, financially.

This, it was learnt, was the outcome of Friday’s town hall meeting with the Chief Exevutive Officer.
According to the CEO, the sack became imperative because the stations are not commercially viable.

He said TVC Nigeria and Radio are not making enough money to cater for TVC Africa.

Both the TV and radio stations are owned by former Governor of Lagos State and National Leader of All Progressives Congress, Asiwaju Bola Ahmed Tinubu.









Details later……





Enjoy the CHANGE


http://nigeriapoliticsonline.com/breaking-tvc-sacks-145-workers/

MadeInTokyo:
The change has just begun

salt

Just look at urself OP, even your link carries 145, why you are posting 300 on your topic

I don't believe this.What is the total number of workers working for TVC?

Tinubu u don bash ma car.....oyibo repete...!!

I talk am say Tinubu market go soon hear am for 'Chanji'... see
naa??

During GEJ period u expand ya bizness like water but u go Daura go bow down to the BadNews Dullard Jihadist come drag am to become president .... now see ya life??

k

The same Tinubu on Democracy Day was telling his zombies that APC has achieved a lot and Nigeria is now on a sound Footing.



The Tinbus will continue to use propaganda to subjugate the willing zombies that see him as god

It's painful but this is what happened to them ..

company wants to get better ..while they couldn't be best fits to move up ahead.

Key learnings for us

The change I see

Nogodye:
I don't believe this.What is the total number of workers working for TVC?

hucienda:
ehya ... they can find out if they can enrol in the BMC though.

sarrki, is there available space for 145 more people on the team?

Jokes apart, these are 145 families thrown into the labour market just like that, along with dependants and family responsibilities. Very sad.

Sad

So if they sack at STV they must mention Ben Bruce Name or I am not understanding why peeps are mentioning Tinubu name

See the news I saw...


Seems TVC is restructuring

The Board of Continental Broadcasting Services Ltd. (CBS), owners of Television Continental (TVC) and Radio Continental, wishes to confirm a restructuring of its group companies. This restructuring is geared towards repositioning the business for better and greater delivery of its services to audiences and advertisers alike. In line with these changes we are reconfiguring our workforce as part of the rationale to achieve our objectives.

145 people will be affected by today's announcement.

We wish to make clear that our core channels consisting of TVC News Nigeria, TVC Entertainment and Radio Continental will now become the main focus of our business going forward where we will deliver high quality news and entertainment programmes to our audiences and advertisers across Nigeria and beyond. The winding down of TVC News Africa will allow us concentrate on these key areas of our business.

The CBS Board of Directors has also approved substantial new investment in our staff across the group of companies which will enable us substantially enhance our news and current affairs output on TVC News, entertainment programming on the market leading TVC general entertainment channel and our key radio asset Radio Continental.

For those staff members affected by today's announcement the Board of CBS Ltd. has approved a generous severance package in addition to a programme of assistance to enable them seek new employment.

Picture...

Is a pity,this period that salary is not even enough talk more of somebody having savings that the sacked 145 people.God help us in this nigeria

This is serious ooo,

Salary
145 x 50000(avg salary) = 7,250,000/month

Please what is the average advert rate on air in Nigeria

Abi someone explain

Most of the workers na ewedu people fighting Biafrans on the internet.
More gnashing of teeth for them.

I feel for them all. In this recession? For lagos again?

chanji dole.

but them talk say na billionaire now

Running private TV is not easy, or profitable in Nigeria

Wait for election time....

It was a machinery against AIT during elections.

It has served its purpose and time to pack and go.

Never work in any organisation that is promoted by a politician APC or PDP or ANC or Conservative.

recession don touch them. God will continue to vindicate GEJ

Ok na

The recession is Real

The recession is real...
No propaganda can cover it.

Kathmandu:
The recession is Real

Note that I did not giraffe the above post

Some people are already saying they deserve it. Not everyone in tvc voted buhari remember

9jakohai:
Running private TV is not easy, or profitable in Nigeria

But Channels is doing fine