Employees of Zenith Bank PLC, one of Nigeria’s leading new
generation banks, were hit with a sad news today as over 1,200 were
sacked on Wednesday, Premium Times reports.
Although a source said about 240 people were sacked, including
eight General Managers and 40 Assistant General Managers, it is likely
that more than that number of people were dismissed.
According to Stella Dimoko Korkus a source is quoted as saying: “This past weekend, Zenith bank sacked more than 2,000 staff. There was no warning, no rumors, nothing!
“As a matter of fact, two Executive Directors were promoted to
Deputy Managing Director by Jim Ovia himself last week and some other
top management were also promoted.
“Most of the staff believed there was an imminent mass staff
promotion looming soonest and went home for the weekend with joy and
hope.
“So you can imagine the shock when a lot of people were
notified on Saturday up till today that their services are no longer
required. And more sack to continue even this week.
“In this harsh economy and with Christmas a month away, what a
cruel inhumane thing to do. Most of these people have worked for more
than 10years, staying loyal to the brand. Some have made sacrifices for
this bank but were laid off so wickedly.
“Where is the Minister of labour in this country? Did they not
notify banks to cease laying off their staff? Oh I weep for my country
Nigeria! I weep for the sacked staff and their families! I weep, Oh I
weep!”
Another source added: “A formal meeting was held with the
affected staff since Monday this week, where details of their
disengagement benefits were discussed and agreement reached.”
Recently, Access Bank, which acquired former Intercontinental Bank,
sacked 1,600 of its workers across the nation, while Mainstreet Bank,
one of the three nationalised banks is reported to have equally sent
more than 400 of its workers away for a similar reason.
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