Ecobank Nigeria Limited sacked 1,040 of its workers yesterday. The 1,040, fell short of initial 1,400 slated for sack by managemen...
The 1,040, fell short of initial 1,400 slated for sack by management, following a review of the maiden list.
In a statement which the bank released yesterday, Ecobank Nigeria’s Managing Director, Charles Kie, said in quote.
“We understand that people are our key asset, so we have emphasized the need to reward our best performers, continue to re-invigorate our people while also opening up new opportunities for talented, committed people to join us as permanent employees,''
This necessitated the exits of some staff who were adequately compensated and is in furtherance of a market repositioning exercise designed to strengthen the bank’s business across all markets where it operates
“At the same time, based on our repositioning plan, we had to disengage some staff while ensuring that, in line with industry standards, they are treated fairly”.
However, the bank converted over 200 outsourced personnel to permanent employees of the bank, as part of the bank’s drive to attract and reward talent while also repositioning for
improved efficiency.
