One of the leading public relations agency in Lagos, The Quadrant Company has sacked about 13 of its staff. The company merged with the global marketing conglomerate Publicise Groupe’s MLS Group and this has forced the company to restructure its workforce.
Sources told NEWSVERGE that the firm’s parent company, Troyka Holdings has placed it under pressure to restructure its workforce owing to its unproductiveness and since its lost some of its key accounts like Etisalat, Guinness Corporate and British America Tobacoo to Chain Reactions and Xlr8 respectively, hard times had set in.
Some of the top management staff affected are the Finance Controller, Femi Olaleye; Media Manager, Segun Adebowale; Senior Analyst, Omolara Olaosebikan, and 10 other analysts.
Investigations revealed that the decision to disengage the employees was taken when the Managing Director of the agency, Bolaji Okusaga was on vacation.
Meanwhile, Okusaga told The Nation Newspaper online in a text message that he’s aware of the development
According to him; “I was aware of it. It was compelled by the need for better efficiency in the face of market reality,” Okusaga said a via text message.