The sack tsunami currently sweeping the nation’s media houses has hit Daar Communications, owners of Raypower and African Independent Television, (AIT) as the organization has issued sack letters to 300 staff.


TheHeat Nigeria gathered that retrenchment exercise is part of ongoing effort to reposition the organisation which is quoted on the Nigerian Stock Exchange(NSE) but has not been able to pay any dividend to stockholders since it was quoted on the NSE.

Read more: http://theheatnigeria.com/daar-communication-sacks-300-staff/