Unity Bank Plc, has sacked not less than 215 of its employees
as part of its re-engineering strategy for greater performance, Nation reports.
The workers were allegedly sacked for their inability to cope with the new ideas and strategy of the institution.
Those
relieved of their jobs were, however, asked to resign while management
has approved severance package in line with the bank’s policy.
Despite
the claim that the development was part of Unity Bank “reengineering
strategy for greater performance”, the economic situation of the country
might have been a factor.
Meanwhile, some of the sacked workers have alleged injustice in the way they were relieved.
They
dismissed the “reengineering strategy” reason being sold to the public
by Unity Bank, insisting that the downsizing was a deliberate action to
cut staff strength to reduce cost.
Diamond and Ecobank banks had earlier in the year fired over 1 200 workers according to News24.
Diamond Bank in a statement, said the sacking of the 200 workers
was in line with its strategic plan to drive shareholders’ value. The
statement read, “Diamond Bank recently rightsized its workforce. The
rightsizing was a core strategic exercise in line with the bank’s growth
objective and the will to continue the drive to optimise cost and
enhance value for the shareholders at the end of the business year.
Ecobank
on its part said that it had converted over 200 outsourced personnel to
permanent employees as part of its drive to attract and reward talent,
while also repositioning for improved efficiency.
The statement
also announced the conversion of 200 out-sourced staff into a permanent
positions in line with its commitment “to develop and grow talent by
nurturing its people”.
- News 24
