AEDC sacks over 800 Nigerian workers
The Abuja Electricity Distribution Company (AEDC) has reportedly terminated the employment of more than 800 Nigerian workers across different departments and branches. According to sources, the mass layoff was part of a restructuring process aimed at improving efficiency and reducing operational costs within the company. Many of the affected workers described the decision as sudden, […]
Johns Hopkins University slashes 2,000 jobs after Trump’s administration grant cut
Johns Hopkins University has announced that it will cut over 2,000 jobs in the U.S. and other countries. This comes after President Donald Trump’s administration stopped $800 million in grants to the university. This is the biggest layoff in the university’s history. It includes 247 job losses in the U.S. and 1,975 more in 44 […]
BBC Cuts 500 Jobs to Save £200 Million for Digital Transformation
The BBC has announced that it will cut 500 jobs as part of its effort to save £200 million. This move is aimed at driving the transformation of the corporation, focusing on enhancing its premium video content and digital capabilities. Leigh Tavaziva, the BBC’s chief operating adviser, explained that the changes are necessary to make […]
Central Bank of Nigeria Sacks Another 200 staff just weeks after sacking 117.
On Friday, the Central Bank of Nigeria (CBN) dismissed another 200 employees. This is part of an ongoing wave of layoffs at the bank. Between March 15 and April 11, 2024, the bank had already let go 117 staff members. The recent terminations include directors, deputy directors, assistant directors, principal managers, senior managers, and lower-ranking […]