Labor & Economic News Blog
Thursday, July 06, 2006
Nigeria: 7,000 Job Cuts Imminent After Nitel Sale to Transnet, Workers Seek Clarifications
Nigeria: 7,000 Job Cuts Imminent After Nitel Sale to Transnet, Workers Seek ClarificationsAllAfrica.com
Following the successful acquisition of Nigeria Telecommunications Limited (NITEL) by Transnational Corporation Plc, there were fears yesterday that about 7,000 of the telecom firm's bloated workforce may soon be relieved of their appointments in a major right sizing operation that has been on the drawing board since the commencement of the privatization exercise.
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