Unity Bank Sacks 241 Staff Amidst The Current Economic Hardship. by EDOE900(m): 3:33pm
Unity
Bank Plc this morning launched a massive termination of appointment of
over 200 staff of the Bank. Very sad about the news is that a
nairalander who has put in over 5yrs working for the Bank was affected,
in his words he stated that he was at a time threatened by his regional
manager that he has no much time left that he is afraid he might
recommend him for sack which has come to materialise now. However we
learnt that Unity Bank does not have any severance package for these set
of staff sacked. But the Bank wasnt very open as to whether the staff
layed off are entitled to a certain severance or not. This is what we
are set to find out as efforts are in place to take a very serious legal
action if the bank fails to duly settle the layed off workers. The
Nairalander who was affected complained that by the Gimic policy of the
Bank those who has spent over five years like him beginning from july
2011 to date of termination might only get a month salary in lieu of
notice which is N61, 000 only. The point here is that a confirmed staff
of a Bank like Unity Bank is layed off without pocketing home at least
N2m is indeed pathetic after spending such number of years in service of
the Bank without issue.
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