MTN Nigeria has disengaged 280 staff, about 15 per cent of its Nigerian workforce because it wants to delve into full Information and Communication Te
MTN Nigeria has disengaged 280 staff, about 15 per cent of its Nigerian workforce because it wants to delve into full Information and Communication Technology (ICT) and digital operation and plans to inject another group of new employees, capable of delivering on its new goals. The telecommunications company said that the disengagement was necessary because of the changing dynamics of the telecommunications industry in recent time.
To make the disengagement easier, the service provider introduced the Voluntary Severance Scheme (VSS), urging staff to apply for voluntary disengagement. Only 200 workers applied for the VSS, while 80 were given compulsory disengagement. 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.
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. All 280 staff were paid their benefits.
