
On the 6th of june, 2016, Skye bank sent 200 of its employee into the labour market, disregarding the Federal government directive to all banks to halt all retrenchment exercise. According to the management of the bank, the sacking of 200 of its workers was because the affected staff failed in their 2015 appraisal.
Just last week,Ecobank sacked 1,200 and Diamond bank fired 200.“The staff disengagement exercise is coming a year after the bank’s successful integration with the erstwhile Mainstreet Bank, which it acquired in October 2014; the integration exercise described by analysts as a landmark in Nigeria’s banking industry has significantly improved Skye Bank’s ICT capacity and helped strengthen the bank’s service delivery.“The bank extended its appreciation to the affected staff for serving the bank, describing them as members of the family who will always be accorded deserving respect in their future dealings with the bank.”
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