The Board of Continental Broadcasting Services Ltd (CBS), owners of Television Continental (TVC), and Radio Continental, who on Friday laid off 145 staff, has issued a statement, revealing why they took the drastic measure.
A statement issued by the management of the media outfit said the decision was part of its effort to restructure its enterprises. The statement read;
A statement issued by the management of the media outfit said the decision was part of its effort to restructure its enterprises. The statement read;
“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 programs 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.”
“For those staff members affected by today’s announcement the Board of CBS Ltd. has approved a generous severance package in addition to a program of assistance to enable them seek new employment,”
OK oh.,too bad...business is always the best... Make God bless us with wealth to be self employed... I don tire to say
ReplyDeleteYes sir!!!
Yes ma!!!!
Lolzzzzzzzzzz
DeleteSo you don tire to de say "yes Sir"....
Will report you asap
It's always sad when people get to lose their source of livelihood.
ReplyDeleteYes you are right but I think these ones got better chances as well, because some assistance were provided for them.....as to compare to those that are stripped off their job without any form of assistance
DeleteHmm this is not good news
ReplyDeleteHope the generous severance package and programme of assistance will be of good help to them during this time......
ReplyDeleteHope the severance package is reasonable
ReplyDeleteHope the severance package is reasonable
ReplyDeleteHope the severance package is reasonable
ReplyDelete