Business Hilights
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MTN Nigeria offloads 280 foundation staff, contractors

Leading telecoms group, MTN Nigeria has sacked about 280 of its employees made up of 200 permanent employees and about 80 contract staff.

The staff right seizing exercise showed that many of the affected staff may have explored a new exit window introduced by the company known as voluntary severance scheme (VSS).

VSS was designed to provide a window for one week in the last month of their sojourn which is 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 paid the equivalent of their three weeks gross salary for every year they worked with the company.

Majority of the 280 staff were disengaged under the VSS and were equally paid their benefits, a top official who pleaded anonymity averred.

According to the official, most of the eased workers are aware ahead of time by virtue of VSS and many of them joined the company in 2001, when MTN Nigeria started business in Nigeria.

One of the affected staff who spoke to Business Hilights on grounds of anonymity said most of them that are affected had made good savings from their salaries over the years and can comfortably start thinking of establishing a business around the industry or any sector of the economy.

He added that the severance benefit was not a surprise to them because they were originally aware of the VSS policy of the company.

Though efforts to know the reasons behind the sack failed at press time, sources say deployment of improved technologies that reduced human involvements in certain operations and right seizing in tune with economic realities cannot be unconnected after all.

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