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Tigo Ghana Tigo justifies sacking workers

The affected workers were informed about the move on February 18, 2016.

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Tigo Ghana headquarters, Accra play

Tigo Ghana headquarters, Accra

(File Photo)
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Tigo Ghana has justified its decision to sack scores of its workers as part of its restructuring effort to spur growth.

In a statement by the company, Corporate Communications Director, Gifty Bingley said: “The restructuring of our business will allow us to better address the changing needs of the market in Ghana and our intent to drive a more forceful business agenda. It will help us increase efficiency”.

The statement concluded “Tigo will now focus on accelerating its business growth plan”.

Tigo last week sacked over 70 workers with 30 more to be added in the coming weeks, a management member of the company who didn't want to be identified because he's not authorized to speak on the matter told Pulse Buisness.

The retrenchment has affected the marketing department, commercial, call center, PR, and HR departments.

The affected workers were informed about the move on February 18, 2016.

Brief analysis: Emmanuel Quist, Pulse Business reporter

Tigo Ghana is fast losing its market share to close contender and fourth largest telecommunication company, Airtel Ghana, as it has been struggling lately to keep up with stiff competition from market contenders.

 

This is not the first time Tigo has embarked on such a move. In 2014, the company dismissed a number of workers, saying the move is ‘to ensure its ability to compete in ‘this highly competitive market and build a sustainable business.’

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Tigo is the third largest telecom operator in the country with about 4.4 million subscribers as at August 2015 according to figures from the regulator of the telecom industry the National Communications Authority (NCA).

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