As the recession hits hard on the economy, the Unity Bank
Plc has reportedly sacked 215 of its staff. The bank laid off the employees on
Wednesday over alleged inability to cope with the new ideas and strategy of the
company.
According to a source close to the bank, about 200 new
hires were said to have been recruited by the bank to promote the
transformation initiative that was initiated by the management within
the past year.
"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," Vanguard was told.
4 Comments
oh nawa o. ... Please help me and Unity Bank what will happen to those dismissed. .. on top this recession era.... Nigeria my country!
ReplyDeleteThe situation of things in nigeria is frightening. God help us!
ReplyDeleteThey shud take heart.
ReplyDeleteLord come to our aid in 9ja
ReplyDelete