Oh NO! First City Monument Bank (FCMB) Sacked 700 Staff Today!

The economic crisis in the country is now taking a toll on the banking sector, with First City Monument Bank (FCMB) laying off over 700 of its workers today.

The affected workers resumed their office as usual only to be told that their services were no longer needed.



Economic issues and the need to refocus was given as the reason for the retrenchment.

An inside source confirmed that some departments in the bank have been merged in a bid to restructure and re-stabilize the bank to prevent collapse.

The inside source gave an instance, Business Banking department has been merged with Retail Banking and most senior staff in the Business Banking department were affected by the retrenchment.

This does not come as a shock because a lot of organisations are downsizing due to the untold economic hardship that has befallen the country.

Nigerians are blaming the new administration for not doing enough to keep the economy working. Analysis has shown that since the new administration took over an estimate of 8000 people have lost their jobs across all sectors in the economy. These now jobless people are calling out the government and tasking them to keep their promise to change the economy for good.

 

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Posted: at 19-01-2016 09:08 AM (8 years ago) | Addicted Hero

Here comes the CHANGE.

Posted: at 19-01-2016 09:43 AM (8 years ago) | Gistmaniac

Hmmm... Madam Okonjo Iweala don talk am before this administration... Say Nigerians should buckle up for real hardship in 2016.... Here we are!!! Buhari no be HARRY POTTER, but himself too promise just to win election..

Posted: at 19-01-2016 10:06 AM (8 years ago) | Gistmaniac

I LOVE BUHARI
IT IS UNFORTUNATE IS PACKING SMELLING SHIT OF THE LAST OCCUPANT
55 PEOPLE LOOTED OVER 1 TRILLION INCLUDING THE BANKERS WHO MADE AWAY WITH N600 BILLION
AS BANKERS THEY KNOW WHAT N600 BILLION INVESTMENT CAN YIELD IN FEW MONTHS

USE 55 PEOPLE FOR MONEY RITUAL AM SURE IT WELL NOT GIVE N600 BILLION
LET US BE FOCUS ON NIGERIA NOT BUHARI#

I CHILD BORN TODAY IS ENTITLED TO THE STOLEN WEALTH
I HAVE NO PITY FOR A LOOTER

MEANWHILE THAT IS AT THE FEDERAL LEVEL

LOCAL LEVEL IS WORST HIT

CARRY GO BUHARI
POVERTY DO NOT KNOW APC-PDP-APGA, HAUSA, IGBO OR YAMIRIN

Posted: at 19-01-2016 10:33 AM (8 years ago) | Upcoming

I see

Posted: at 19-01-2016 11:03 AM (8 years ago) | Addicted Hero

how I wish

Posted: at 19-01-2016 11:13 AM (8 years ago) | Gistmaniac

Some people are still believing on the lies of this confused touts in the present government. 8 months and the then largest economy of Africa has been redused to nothing. Where are the promises? #1 = $305. We are yet to see anything done on the power sector instead they are taking the glory of the efforts of the past administration though thet say they were bad. We have systematically gone back to militry rule as decrees has taken over the justice system. How can a country of over one hundred and sixty million people accept an illitrate to govern them is still a big suprise to me. Which change?  

Posted: at 19-01-2016 12:51 PM (8 years ago) | Upcoming

Story! What is their staff strength that 700 are fired?

Posted: at 19-01-2016 04:17 PM (8 years ago) | Hero

Everywhere sacking God tke cntrol

Posted: at 19-01-2016 08:55 PM (8 years ago) | Gistmaniac

Hmmm... Madam Okonjo Iweala
don talk am before this
administration... Say Nigerians
should buckle up for real hardship
in 2016.... Here we are!!! Buhari no
be HARRY POTTER, but himself too promise just to win election..

Posted: at 22-01-2016 08:48 PM (8 years ago) | Hero