Unity Bank Lays Off 215 Staff In Repositioning Strategy

Date: 15-09-2016 6:51 am (7 years ago) | Author: kacy lee
- at 15-09-2016 06:51 AM (7 years ago)
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Unity Bank Plc, yesterday sacked not less than 215 of its employees.



According to information gathered from sources close to the bank, Vanguard reports the workers were sacked for their inability to cope with the new ideas and strategy of the institution which is part of its reengineering strategy for greater performance.

According to the source:
” About 200 new hires were said to have been recruited by the Bank to drive the transformation initiative began by the Management in the last one year while about 100 other staff were said to have been promoted recently.
Meanwhile, some members of staff numbering about 215 have been allowed to go in an
exercise that will enable the Bank realign its operation to pursue its long term growth strategy.
However the affected staff were said to have exercised the option to resign while Management has approved severance package in line with the bank’s policy.”
Commenting on this development, industry source asserted that the exercise carried out by the bank was part of the hard choices that forward-looking organisations desiring optimum performance had to take from time to time to enable it deliver consistently on shareholders expectations.


Posted: at 15-09-2016 06:51 AM (7 years ago) | Addicted Hero
- Mykie010 at 15-09-2016 06:59 AM (7 years ago)
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Buhari pls kindly resign,you have done ur best,let's try another person,u contested for election 4 times just to bring hardship to Nigerians... Let's try osibanjo pls...
Posted: at 15-09-2016 06:59 AM (7 years ago) | Gistmaniac
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- diutopep at 15-09-2016 07:02 AM (7 years ago)
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Actually; it won't gonna be easy for you guys! But life must surely go on!!! It's well.
Posted: at 15-09-2016 07:02 AM (7 years ago) | Gistmaniac
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- senatordee01 at 15-09-2016 07:16 AM (7 years ago)
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guys use all what you have saved to start something. embarking on agriculture sector
or you,  look as e dey look me, u don't have saving at all?  really?  haaaaaaaaaaa, u Don enta am..............  u fumble ooooooo. anyway a lot of artisan dey ooooo,u fit dig well or soak away?
Posted: at 15-09-2016 07:16 AM (7 years ago) | Gistmaniac
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- tweetynene at 15-09-2016 07:41 AM (7 years ago)
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Eya....... more pple without jobs
Posted: at 15-09-2016 07:41 AM (7 years ago) | Gistmaniac
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- AmazingMarie at 15-09-2016 08:57 AM (7 years ago)
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where is the. Spain of the ship of Nigeria steering the country to?
Posted: at 15-09-2016 08:57 AM (7 years ago) | Hero
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- AmazingMarie at 15-09-2016 08:58 AM (7 years ago)
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from one issue to another.
Posted: at 15-09-2016 08:58 AM (7 years ago) | Hero
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- AmazingMarie at 15-09-2016 08:59 AM (7 years ago)
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the economy is not growing neither is it stable.
Posted: at 15-09-2016 08:59 AM (7 years ago) | Hero
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- gogoman at 15-09-2016 09:55 AM (7 years ago)
Online (m)
all these fake bank dem!! first bank will never do that
Posted: at 15-09-2016 09:55 AM (7 years ago) | Grande Master
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- winace at 15-09-2016 10:41 AM (7 years ago)
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Wit all dis English. Its still boil down to d economy.
Posted: at 15-09-2016 10:41 AM (7 years ago) | Addicted Hero
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- okatee at 15-09-2016 11:01 AM (7 years ago)
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BABA BUGARI, WE ARE STILL WAITIN FR D CHANJI OOI
Posted: at 15-09-2016 11:01 AM (7 years ago) | Gistmaniac
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- waytoheaven at 15-09-2016 12:25 PM (7 years ago)
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I feel sad when I hear all this sacking,how much re they even been paid,when the rise in prices of things re already taking the whole salary and every one jus earn and spend with little or no saving, I also shake my head when u asked our under graduate what they wanna become, no tetiarary student would tell you he or she wanna be an entrepreneur,all wanna get their degree and go find job,how is that's the case,who will create employment for the next generation.
Posted: at 15-09-2016 12:25 PM (7 years ago) | Upcoming
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- kison at 15-09-2016 12:32 PM (7 years ago)
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 Huh? Huh? Huh? Huh? Huh? Huh? Huh? Huh? Huh? Huh? Huh? Huh? Huh?
Posted: at 15-09-2016 12:32 PM (7 years ago) | Hero
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- sandler at 15-09-2016 05:58 PM (7 years ago)
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WASTED GENERATION
Posted: at 15-09-2016 05:58 PM (7 years ago) | Gistmaniac
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- CHRISETTE at 16-09-2016 02:37 PM (7 years ago)
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Okay I see
Posted: at 16-09-2016 02:37 PM (7 years ago) | Hero
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