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Recession : Unity Bank Sacks 215 Workers - Business - Nairaland

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Recession : Unity Bank Sacks 215 Workers by Hype007: 7:22am On Sep 15, 2016
Unity Bank Plc allegedly sacked 215 of its employees yesterday due to their 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 hat was initiated by the management within the past year.

The source also told Vanguard that about 100 other staff members were said to have been promoted recently.
The source also said:

“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”.

SOURCE ---> http://hypenigeria.com/2016/09/15/recession-unity-bank-sacks-215-workers/

Re: Recession : Unity Bank Sacks 215 Workers by orunto27: 8:34am On Sep 15, 2016
Existing Banks are established on Capitalist system. And now that Nigeria seems to be going Chinese, we must think CHANGE in our Banking system as well. Nothing goes for nothing. The 215 sacked employees of Unity Bank is just the beginning. Bank staff, in collusion with civil servants, shall soon start a new wave of computerised stealing, all 'cos of Change. Do not say I did not warn.

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