Unity Bank Plc, yesterday sacked not less than 215 of its employees .According to information gathered from sources close to the bank, the workers were sacked for their inability to cope with the new ideas and strategy of the institution.
About 200 new hires were said to have been recruited by the Bank to drive the transformation initiative began by the Management in the last one year while about 100 other staff were said to have been promoted recently. Meanwhile, some members of staff numbering about 215 have been allowed to go in an exercise that will enable the Bank realign its operation to pursue its long term growth strategy. However the affected staff were said to have exercised the option to resign while Management has approved severance package in line with the bank’s policy.”
Commenting on this development, industry source asserted that the exercise carried out by the bank was part of the hard choices that forward-looking organisations desiring optimum performance had to take from time to time to enable it deliver consistently on shareholders expectations.
Quite a pity.. Getting a job now in Nigeria is like looking for a miracle inside a bus..!!
ReplyDeleteSad,in dis buhari era...even those dt ar working ar complaining
ReplyDelete#GodOfMercy
ReplyDeleteThis is not the best time to sack people at all. I just feel sad for them
ReplyDeleteThings are just getting worse! I'm sure those sacked couldn't meet their targets. I wonder where they expect them yo get clients from in this harsh economy. Mtchew!
ReplyDeleteIt's well
ReplyDelete