adeowo84:
This was my chat with my friend who has being working with access bank for good 8 years as direct staff

The bank is likely heavy at the top and is looking at shedding some the weight there - know of someone with a year and half service bit is not affected.

Ausval:
Thank God for social media ....if not over 75% of access bank staff for don they house ...if dem like make dem dey deny for there ...the over 300 branches when you close till December are you saying you will be paying them for sitting at home or you are going to flood the beaches that are opened with excess staff ...make una dey lie give una self in order to get palliative from CBN

Who told you that anything had been reversed.

peacettw:
And what exactly does "suspending operations" mean? Will the workers still be paid? Or we all going to pretend that it doesn't mean the same thing.

Open a business a suspend operations in one branch and continue paying them - that's when I will know you re serious.

shadeyinka:

In other words, you support tha action of the bank in laying off 70% 75% of her staff.

Is the error leading to gross losses not made chiefly by the management of the bank? So, who should pay the price for someone's inefficiency?

Which error.. The pandemic is whose error. I doubt if you went to school...

iswallker:


Open a business a suspend operations in one branch and continue paying them - that's when I will know you re serious.

My point exactly

jpmoriarti:
So you are saying they sacked a fulltime staff? Do you even know what it takes to sack a full staff of a bank?

Pls no staff was sacked. Your friend is lying to you.

What do you mean by saying that...are u one of the top management?

NaijaRoyalty:
Who's deceiving who

Buhari is deceiving us

Access Bank too wan dey deceive us .

Who we go trust ?

Guaranty Trust Bank? (GTB)
TRUST GUARANTEED.

GTBANK is A HOPELESS BANK!

Who do we trust now ogbeni

NaijaRoyalty:

https://punchng.com/access-bank-denies-sacking-75-workers-closing-branches/

They are telling lies. The branch in my location has closed down since Monday as speculated.

It is my bank ooo..
I would have said after donating 1billion to FG. Then you sack your woekers it diesn't make sence.

NaijaRoyalty:

https://punchng.com/access-bank-denies-sacking-75-workers-closing-branches/

MrCuteking:
Guys stay away from Access bank. If they can deny this it means they can deny serious issues with your account when it matters the most

How about their customers, will they be affected cos by mum’s savings is there.

Kweensavvy:
Intelligent PR team. They saw everyone was warming up to close up their accounts.

You can't just casually shut down people's funds till you can regain your balance, like you have monopoly of banking services.

Great rethink.

Please, are their customers going to be affected cos my mum has savings with them

Paperwhite:
So why did it take Access bank days to issue a rebuttal? Nigeria is indeed a shithole nation.

hahahahahah na today u know Abeg add am Zoo country not only shithole

adeowo84:


What do you mean by saying that...are u one of the top management?

I may not be but these things are known. But all you are chasing after, are myths and rumours and conjectures

iswallker:


Who told you that anything had been reversed.

The only thing these emotional dingbats are interested in, are rumours. They do not want any facts. They prefer to hold on to their myths because it is what their itchy ears want to hear.

Futurejoy:

Please, are their customers going to be affected cos my mum has savings with them

I really do not work for them though; just my observation.

Your mum's savings account is safe. I think this their shakara only affects those that want to do transactions inside the bank, like cheques, etc, etc.

Their initial stance to 'close branches' was temporal. They simply meant suspend operations.. But it wouldnt have affected your mum's savings account in any way.

bellosulaiman:
The MD/CEO said in a video that 75% of its contract staffs would be sacked, now the company secretary is coming out to address 75% sack of its workforce. Who is fooling who?

The MD did not say that in that particular video.He said that they will not need ALL the Tea girls, Security,Drivers, Cleaners and Tellers which constitute 75% of their workforce.

Futurejoy:

How about their customers, will they be affected cos by mum’s savings is there.

Sure, they will lose value and you know what that means.

One of these diamond bank staff called me to help her find a job because she had from the.relible bank source that there would be systemic mass retrenchment

This people are bloody liars, I know someone personally who works with one of their Lagos branch who got sacked.

RALPHOW:
Access Bank staff should come out with their letters, if truly they were sacked.
Simple

They were sacked via email. My friend's neighbor is affected.

jpmoriarti:
Are u a full staff?

I wasn't a half staff 90% of staff in the banking system are from outsourcing. Full or not we are the ones doing the job moreover nothing like full staff in the banking system it's either you are non contract or contract staff which can last for years even over a decade

shugasofttouch:
I wasn't a half staff 90% of staff in the banking system are from outsourcing. Full or not we are the ones doing the job moreover nothing like full staff in the banking system it's either you are non contract or contract staff which can last for years even over a decade

Access bank has over 7000 full staff. Full staff are staff that can earn promotion etc. You're wrong to say there's nothing like full staff.

After the CBN halted the plans.

iswallker:


Which error.. The pandemic is whose error. I doubt if you went to school...

A little decorum and sense will tell you that the bank staff were not to be sacked due to COVID-19. The bank had been struggling to survive well before March 2020. Any bank that cannot Wade through a 6 month time of low profit is already having liquidity problem.

Rexology:

The MD did not say that in that particular video.He said that they will not need ALL the Tea girls, Security,Drivers, Cleaners and Tellers which constitute 75% of their workforce.

And you believe this!? SMH!

Why is it that it is the Bank Tellers, Front desk officers, Accountant who are getting sacked?

Liars, my friends elder sister was fired on monday. Access Bank be careful

shadeyinka:

A little decorum and sense will tell you that the bank staff were not to be sacked due to COVID-19. The bank had been struggling to survive well before March 2020. Any bank that cannot Wade through a 6 month time of low profit is already having liquidity problem.

Looooll..

A bank that acquired diamond Bank with all its assets and liabilities is struggling to survive..

What kind of slow spoke are you..

jpmoriarti:
Access bank has over 7000 full staff. Full staff are staff that can earn promotion etc. You're wrong to say there's nothing like full staff.

Be it full, half or quarter staff. From access directly and outsourcing, everyone gets promoted whenthe person is due for promotion be it any department including cleaners, security and drivers I know what I am saying.

iswallker:


Looooll..

A bank that acquired diamond Bank with all its assets and liabilities is struggling to survive..

What kind of slow spoke are you..

But Corona virus of less than 3 months old in Nigeria is causing them to lay off staff!?

See where the finger is pointing to!? YOU!!

shadeyinka:

But Corona virus of less than 3 months old in Nigeria is causing them to lay off staff!?

See where the finger is pointing to!? YOU!!

Access bank has way too many staff. The overhead cost keeping all those people are simply unsustainable. After the merger, no staff was sacked. So it's only a matter of time before the downsizing takes place.

The unaudited financial result for the first quarter ended 31st March shows the bank making profits of over N40B. This shows that the institution is not struggling at all.

The lockdown has taught the bank what they always knew; that they don't really need all the staff they currently have. As a result, the bank is now investing more on the digital department, encouraging more online strategies to serve our over 35M customers, acquiring more IT talents all over the world. The world is going digital. So, banks cannot be left behind.

jpmoriarti:
Access bank has way too many staff. The overhead cost keeping all those people are simply unsustainable. After the merger, no staff was sacked. So it's only a matter of time before the downsizing takes place.

The unaudited financial result for the first quarter ended 31st March shows the bank making profits of over N40B. This shows that the institution is not struggling at all.

The lockdown has taught the bank what they always knew; that they don't really need all the staff they currently have. As a result, the bank is now investing more on the digital department, encouraging more online strategies to serve our over 35M customers, acquiring more IT talents all over the world. The world is going digital. So, banks cannot be left behind.

I wish layoffs will always start with the managers, executives and administrators of each bank. Banks have the lowest job security amongst private businesses as far as I know in Nigeria.

I believe that enough feasibility studies were done before the acquisition took place...and the normal behaviour of the callous executives is to think of layoff.

Who cares about pawns in the banking industry anyway! They are the sacrificial lamb. Loyalty and hardwork doesn't matter to them. They appropriate heavy allowances for themselves until the system is having problem and then as usual, it's the hard working young Nigerians that pay for their recklessness.