South Africa: MTN Group to Sack 850 Managers

Not a good time for workers in South Africa as  #MTN Group plans to lay off around 850 managerial staff, an official of the Solidarity Union said on Monday.

The mobile operator is currently facing slow growth and tough competition in its home market.

#Africa’s largest telecommunications group has expanded rapidly in the last two decades across the continent and in the Middle East but is facing stiff competition in South Africa, where the market is dominated by rival #Vodacom.

#SouthAfrica



Source: http://www.nigerianbulletin.com