Some 280 workers with one of the biggest telecommunications company in Africa, MTN has been rendered surplus to requirements as their services were no longer needed with the coy which led to their disengagemant from work last Friday.
This move is coming even in the face of the current economic hardship faced by the country, where I think the people and its government should try to create more emoloyments, rather than downsizing.
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According to MTN, the disengagement exercise which affected 280 mostly long-serving workers would enable the company to delve into full ICT and digital operations.
An MTN official who spoke with techpoint, and preferred to remain anonymous, said in Lagos on Monday that the company would inject another group of new employees, capable of delivering on it new goals. The source said that the disengagement was necessary because of the changing dynamics of the telecommunications industry in recent time.
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This source further mentions that the service provider introduced the Voluntary Severance Scheme (VSS), urging staff to apply for voluntary disengagement. While only 200 workers applied for the VSS, 80 others were given compulsory disengagement. The source added that those affected were those who had worked for five years and above in the company.
The affected workers were given a severance pay of 75 per cent of their gross monthly income, multiplied by the number of years they had worked with the company.
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“Those who decided to leave under the VSS were 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 the person’s gross salary times five.