Connect with us

Jobs

Konga To Employ 1M Africans by 2025

Published

on

Konga

Konga, Nigeria’s leading integrated e-commerce giant, is set to become one of the largest labor employers in Nigeria after unveiling plans to provide significant employment opportunities for more than 500,000 Nigerians as well as another 500,000 in other African countries by 2025.

The growth will see Konga not only top the private sector employment charts but will also see competing government companies and sub-national entities in terms of employment numbers, while also contributing significantly to the disturbing unemployment situation in Nigeria and other Africans as it prepares for Africa’s strategic expansion.

The ambitious plan, analysts from within the e-commerce group have revealed, is far from rewriting the narrative for the many unemployed and unemployed youth in Nigeria. Specifically, the Konga management aims to channel its substantial resources into creating creative work for hard-working and aspiring youth across Nigeria. In addition to offering many opportunities to join the Konga Group’s retail revolution through existing and new subsidiaries exposed in the vertical; other interested beneficiaries will also get opportunities to become members of Konga’s fast-growing affiliate which ultimately provides successful candidates with a lifelong partnership with the company.

The Konga Group currently provides direct and indirect employment for more than 250,000 Nigerians in multiple entities, including a growing chain of more than 35 retail stores scattered across Nigeria; the Konga Marketplace, a game-changing initiative it pioneered in Africa; KongaPay, a Fintech platform licensed by the Central Bank of Nigeria; Korot, an ambitious digital logistics company with large delivery assets; Konga Travel, an award-winning IATA-certified revolutionary travel and travel company; the recently launched Konga Health, a digital healthcare distribution chain and the soon -to -launch Konga Food, among many more.

Nick Imudia, Co-CEO, Konga Group while chatting with new hires almost, revealed the motivation behind the massive job creation drive.

“We are passionate about giving the many Nigerians and Africans who are qualified and willing to work the opportunity to find meaningful expression of their talents. An example is our partnership with the Edo Stae Government which not only employs thousands- thousands of young people but should enhance and facilitate activities for SMEs in the state to become global corporate citizens.

“This is because we believe, in accordance with the Konga mantra, that it will help them find happiness and live a fuller, richer life. But it doesn’t just end up being unemployed. Our research has shown that there are a large number of non -working Nigerians, many of whom could make a difference on the board if given the opportunity.

“Therefore, as a strong corporate citizen and in line with the status of the Konga Group as a company built as a public trust, the Management has set an ambitious target to employ more than 500,000 Nigerians by the year 2025. It is not means work by any standard, but in Konga, we are known for not refraining from facing challenges and surpassing them.

“We will launch these creative job opportunities soon and we are confident that it will offer many Nigerians who are determined to achieve, a lucrative way to, not only find lucrative employment but also create jobs and wealth for others, ”he said.

Acquired by Zinox Group in November 2018 in a landmark development described as one of the smartest mergers and acquisitions in the business world, the Konga Group has transformed into inevitably one of the leading players in the e-commerce space in Africa, with a string of innovative strategies supported by a spectacular growth trajectory that catapulted the business to the first e-Commerce platform to hit profitability on the continent.

Jobs

Job Cuts Hit Tesla: More Than 6,000 Positions Axed Across Texas and California

Published

on

Tesla Charger

Tesla Inc. has announced plans to slash over 6,000 jobs in Texas and California as part of CEO Elon Musk’s directive to trim more than 10% of the company’s global workforce.

The cuts come amidst a tumultuous period for the electric vehicle maker, which has faced challenges ranging from production bottlenecks to supply chain disruptions.

In Texas, where Tesla is headquartered and operates a major factory, 2,688 workers are set to lose their jobs.

The layoffs are scheduled to begin during a 14-day period starting June 14, as outlined in a WARN notice filed with the Texas Workforce Commission.

Also, Tesla revealed intentions to lay off 3,332 employees across multiple sites in California, according to separate WARN notices filed in the state.

The decision marks Tesla’s largest-ever round of job cuts, with the company boasting more than 140,000 employees globally before the restructuring initiative commenced.

Despite announcing a reduction of over 10% of its workforce on April 15, insiders familiar with Tesla’s plans suggest that the actual number of job losses could exceed 20,000.

The news of the layoffs comes as Tesla’s stock performance continues to struggle, with shares plummeting by 42% this year, marking the worst performance in the S&P 500 Index.

The company’s workforce in Austin, Texas, surpassed 22,000 employees at the end of last year, with its production facility responsible for manufacturing the Model Y and Cybertruck.

However, the extent to which factory jobs will be affected remains unclear amidst the restructuring efforts.

Continue Reading

Jobs

Heritage Bank Faces Union Action as NUBIFIE Protests Mass Layoffs

Published

on

heritage bank- Investors King

Amid mounting tension and grievances over alleged mass layoffs, the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has led its members to the head office of Heritage Bank in Lagos.

NUBIFIE’s actions stem from Heritage Bank’s recent management decision to terminate the employment of over 1000 personnel without adhering to due process, prompting widespread outrage among affected workers and the union alike.

The union has made it clear that its picketing of the bank’s premises will persist until management addresses the sacked workers’ grievances and ensures the provision of rightful severance packages.

At the forefront of the protest, aggrieved ex-staff members have barricaded the entrance gate, obstructing access to and from the bank’s headquarters located at 143 Ahmadu Bello Way, Victoria Island, Lagos.

Reports reveal that Heritage Bank, under the leadership of Mr. Akinola George-Taylor, dismissed over 70 senior staff members within a year of his tenure. Moreover, numerous other employees were allegedly coerced into resigning, exacerbating the bank’s internal crisis.

Of significant concern is the failure to remit accrued entitlements and allowances owed to the affected staff.

Sources familiar with the matter have disclosed that the bank’s chief executive officer instigated the internal turmoil as part of a broader scheme to purge the institution of individuals suspected of loyalty to certain board members.

This purported purge is believed to be aimed at consolidating power and control over the bank, with the backing of a prominent shareholder seeking sole ownership and the removal of existing board members.

Despite efforts to seek clarification and comment from Heritage Bank’s head of Corporate Communications, Ozenna Utulu, no response has been forthcoming as of the time of reporting.

The standoff between Heritage Bank and NUBIFIE underscores the growing unrest within the banking sector and the urgent need for dialogue to address grievances and ensure fair labor practices.

As protests intensify and pressure mounts on the bank’s management, the outcome of these developments remains uncertain, leaving both employees and stakeholders on edge.

Continue Reading

Jobs

Google Fires 28 Workers Over Controversial Project Nimbus Protests

Published

on

Google has terminated 28 employees who participated in protests against the tech giant’s involvement in Project Nimbus, a joint venture with Amazon to provide AI and cloud services to the Israeli government.

The protests, organized by the No Tech for Apartheid group, took place across Google offices in New York City, Seattle, and Sunnyvale, California.

The demonstrations, which included a nearly 10-hour sit-in, culminated in the arrest of nine protesters on trespassing charges.

Subsequently, several workers received notices of being placed on leave, only to be informed of their dismissal by the company the following day.

Google cited the protesters’ interference with other employees’ work and refusal to vacate the premises despite multiple requests as the primary reasons for their termination.

The company’s response has reignited discussions about the balance between corporate policies, employee activism, and human rights advocacy.

Critics argue that the dismissals infringe on employees’ rights to engage in collective action related to working conditions, a stance supported by US labor laws.

Tech workers have increasingly voiced concerns about how the products they develop are used, highlighting ethical considerations in their industry.

The situation underscores the challenges faced by tech companies in managing internal dissent and navigating complex geopolitical issues.

Google’s handling of the protests has sparked internal debates about the company’s stance on the Middle East conflict and its approach to employee engagement.

Despite the firings, support for the protesters and their cause has grown, indicating ongoing tensions within the organization.

Google’s actions signal a broader reckoning within the tech industry regarding the responsibilities of corporations in addressing social and political issues.

As employees continue to advocate for change within their companies, the fallout from the Project Nimbus protests serves as a reminder of the ongoing struggle to balance corporate interests with ethical imperatives and employee rights.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending