Daily Trust gathered that the exercise is nationwide and most affected
staffs are those that have put in between 25 and 30 years.
Some of the affected workers, it was learnt, were given their sacked letters yesterday morning.
But First Bank’s spokesman Babatunde
Lasaki told Daily Trust that though the number of affected workers was
not up to 600, the exercise was carried out in line with best
international practices.
He said some of the staff took the
window of voluntary exit open by the bank to leave the bank because the
bank offers special reward to those workers who decided to take the
option.
Last week, Sterling Bank sacked 400 while Mainstreet Bank offloaded over 650 of its workers.
President of the Association of Senior
Staff of Banks, Insurance and Financial Institutions(ASSBIFI), Comrade
Olusoji Salako, expressed displeasure over the rate of sack of its
members, saying 5000 of its members were retrenched in the last three
weeks
