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.
It was further gathered that the aim of the management of Daar Communications is to sack about 70 percent of total staff in the company.
According to a dependable source, the sack letters were loaded in a Ghana-Must -Go bag and sent to Lagos from Abuja after they were signed with the red ink of the Chairman, High Chief Raymond Dokpesi.
It was also gathered that the chairman traveled out of the country immediately after delivering the package to Lagos to avoid being reached by friends and associates who will want to persuade him to change his mind.
Daar Communications is currently owing its staff salaries ranging from five to 13 month.
TheHeat further gathered that those sacked were not presented with pay-off cheques and that some former staff have vowed to go to court to get their salaries and emoluments.