145 staff of popular television station, TV Continental, were reportedly handed their sack letters today in a mass retrenchment scheme.
According to the reports, one of the station’s channels, TVC News Africa. was also shut down as part of the downsizing.
Television Continental, located at Ikosi, Ketu, Lagos, is owned along with its sister company, Radio Continental by a former governor of Lagos state and national leader of the ruling All Progressive Congress (APC), Asiwaju Bola Tinubu.
The media house had even brought in security to handle any staff who didn’t take the news well, per journalist Joke Kujenya.
She wrote: “Tension rises as TVC is on massive retrenchment of staff today, Friday, June 2nd 2017.
“Security is tightened around the vicinity as Police and fierce-looking professional bouncers take strategic positions.
“A media staff confirmed some members of staff have already received their own letters saying the mood is really gloomy. Let’s empathize and be with them in prayers.”
The management is said to have addressed all the staff, before paying them their entitlements and relieving them.