Editorial Team

Emmanuel Udom-Managing Editor, Stephen Dijo Philemon-Deputy Editor, Janet Udom-Senior Correspondent, Precious Udom-Senior Correspondent, Williams Ita-Bureau Chief(Akwa Ibom/Cross River), Fabian Idoko-Senior Correspondent
  • ABURIGHT NIGERIA COMPANY

    Manufacturer's Representative Import Export General Merchandise Contract Adress: Araromi Quarters, Owode Area, Ifo, Ogun state, Nigeria P.O.Box 2632, Oshiodi, Lagos Telephone: 2348166719412

    Tuesday 1 November 2016

    Skye bank fires 250 workers in 4 months


    In four months, Skye bank of Nigeria Plc has fired 250 workers in what insider sources alleged are moves to downsize in order to survive recession.
    Vicnuel gathered that some of the workers fired include outsourced and auxiliary members of staff, even as the number of non-core staff fired could not be ascertained.

    A statement issued Monday evening by the bank stated that the decision of the management of the bank to  relieve the affected workers of their duties was made based on varying reasons which ranged from poor performance, disciplinary issues and also in their bid to downsize.
    However, some of the workers worst hit were tellers, drivers and internal security guards were outsourced by staff in outsourced functions (SOF).
    The management of the bank has also approved payment of the entitlement and severance packages to those affected as contained in their engagement letter and as agreed with the workers union.

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