The management of board of Continental Broadcasting Services
Ltd (CBS), and the owners of Television Continental (TVC) as well as Radio
Continental, has adduced some reasons on why the restructuring of the group
companies led to the sacking of 145 workers, reports ITRealms.
A press statement by its public relations agency, Brooks &
Blake, made available to ITRealms,
attributed the sack to repositioning of the business for better and greater
delivery of its services to audiences and advertisers alike.
As contained in the statement, “in line with the changes,
145 workers will be affected by the reconfiguring the workforce as part of the
rationale to achieve the new objectives.
“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 programmes 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.
In addition, “The CBS Board of Directors has also approved
substantial new investment in our staff across the group of companies which
will enable us substantially enhance our news and current affairs output on TVC
News, entertainment programming on the market leading TVC general entertainment
channel and our key radio asset Radio Continental.
“For those staff members affected by today’s announcement,
the Board of CBS Ltd has approved a generous severance package in addition to a
programme of assistance to enable them seek new employment,” the company
stated.
Uboshe Uboshe/GEE
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