A former Lagos State Governor, Bola Ahmed Tinubu owned Continental Broadcasting Service has reportedly laid off a total of 145 members from its workforce.
The management of Continental Broadcasting Service, owners of Television Continental, TVC were reported to have laid off the staff as part of its restructuring process.
The management claimed that the mass sack was as a result of an over bloated workforce and a high over head cost.
As part of the downsizing, the media house was also reported to have shut down one of its TV stations, TVC News Africa.
The laid off staff were however paid their entitlements.