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Stanbic IBTC Sacks 250 Workers, Visafone Sacks 60, More To Come

This short article was culled out of Linda Ikeji’s Blog as this relates to one of our focus on this blog – Jobs/Vacancy. While some workers were celbrating their day on May 1st, some were given the boots by their employers. Read details below…

Why are Nigerian companies laying off staff? on April 30th Visafone fired over 60 of their staff nationwide. Stanbic IBTC also sacked 250 of their staff. The sack takes effect from May 1st.

The Stanbic IBTC sack yesterday crossed across all levels, from management to lower level staff and I hear this is just the first batch. The bank is planning to do another round later this year.

The sack at Stanbic yesterday only affected full staff employees as the bank intends to make its workforce 20% permanent staff and 80% contract staff. The total workforce before the sack yesterday was about 3000. The sad part is there are so many fresh graduates in the job market…and no jobs!

Via : LindaIkeji


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