Skye Bank Fires 200 Workers Despite FG Directive


Skye Bank has barely a day after the government issued a directive to banks to stop sacking workers, sacked around 200 Staff members.
Due to the state of the economy, a lot of banks had been sacking employees as a way to keep themselves stable.


This has led to over 5000 jobs lost in less than 2 months. The government stepped in to intervene, directing that banks were to stop sacking staff members.
Skye Bank apparently flouted this order but came forward with a robust defense stating that those
sacked failed their 2015 appraisal exercise.
The statement read, “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.”

Want Latest Controversial News? CLICK HERE TO GET THE LINJUST NEWS APP.

Get real time updates directly on you device, subscribe now.

Leave a Reply

1 Comment threads
0 Thread replies
Most reacted comment
Hottest comment thread
1 Comment authors
Possible Wilson Recent comment authors
newest oldest most voted
Possible Wilson
Possible Wilson

Na waoooo, how are all this workers gonna survive with their families? This is very bad in this our country ooo…