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Reports Of Careers24’s Demise Have Been Greatly Exaggerated: Only The Nigerian Operation Is Winding Down

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So last week we received news that Careers24 was going to be shutdown. It seems this is not entirely true. Its only the Nigerian operations that are being wound down just like what happened with OLX whose offices  in Nigeria, Kenya and Ghana were shutdown. In all likelihood Nigerians will still be able to use and access the site although it will now be based solely in South Africa. News of the site’s demise, it would appear, have been grossly exaggerated.

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We were a little surprised ourselves when we had Careers24 was going down considering it seems to be doing as well as it has been doing over the years. It also seems that they are not chickening from Google Jobs but are standing their ground.

Below is the  press release from Careers24 on the issue:

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Media release
7 January 2019

Media24 to close Careers24 Nigeria operations

Job portal Careers24 will be closing its Nigerian operation effective 1 March 2019, parent company Media24 announced today (7 January 2019).

“Like any other business, we regularly review our portfolio of print and digital brands, products and services – some flourish, others battle,” says Ishmet Davidson, CEO of Media24. “Thus the decision to close Careers24 Nigeria, which unfortunately hasn’t gained the expected traction in that market.”

He emphasises that this will have no impact on Careers24’s operations in South Africa, which has shown considerable growth over the past year and is establishing itself as one of the leading job portals in the country.

According to Marc Privett, head of Careers24, they will continue to service existing clients and honour all current commitments in Nigeria until the closure. “We are following due process and have already consulted with the people affected in our Nigerian office.”

Ends

Released by Media24
For more information, contact:
Egbert de Waal
+27 21 406 3484 (office)
+27 83 561 7104 (mobile)
egbert@media24.com

 


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