Home Big Story MTN | Sacked Nigeria employees ‘to get exit package’

MTN | Sacked Nigeria employees ‘to get exit package’

MTN | Sacked Nigeria employees ‘to get exit package’
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MTN Nigeria says it has offered exit packages to its employees amid mass sack at the nation’s biggest mobile phone company last week.  

The mobile phone company which confirmed the exit of an undisclosed number of MTN Nigeria staff last Friday says the severance package was for those who have worked for five years in the mobile phone.

Funso Aina, PR and Protocol Manager at MTN Nigeria who confirmed the exit of MTN Nigeria staffs, said to have happened last Friday says the Voluntary Severance Scheme was “designed to balance individual employee needs with business exigencies.”

According to MTN Nigeria, the Scheme “was designed drawing on feedback from employees and following consultation with elected employee representatives. It provides a financial incentive and opportunity for employees who have worked with MTN for over 5 years to pursue other career interests and personal ambitions full-time, while increasing opportunities for professionals with a fresh perspective wishing to join the MTN family.”

MTN says “its successful conclusion last week makes it possible for MTN to tailor the competence and experience base of its workforce to meet technology shifts and future business needs. MTN is unrelentingly committed to Nigeria, and continues to execute its strategy of attracting, developing and retaining the best Nigerian talent. This is in line with the ongoing business transformation to drive sustained growth and thereby facilitate MTN’s continued role as a partner for progress and socio-economic development in Nigeria.”

MTN Group of South Africa and owners of MTN Nigeria says in its regulatory filling that at end of last year, 19 989 people working across 24 countries in the mobile phone giant at the end of last year were made up of 15 980 employees and 4 009 contractors.

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