175 Workers Sacked by Skye Bank

 In spite of the Presidential directive to the contrary issued by the Minister of Labour and Employment, Dr. Chris Ngige  Skye Bank Nigeria Plc last Friday sacked a total of 175 of her staff.

In a statement on Monday, the bank attributed the retrenchment on the affected staff to their failing the banks appraisal exercise held in 2015. The appraisal take into consideration things like low productivity and disciplinary issues.\

In a statement released by the bank which part of it reads as follow,“The staff disengagement exercise is coming a year after the bank’s successful integration with the erstwhile Mainstreet Bank, which it acquired in October 2014; the integration exercise described by analysts as a landmark in Nigeria’s banking industry has significantly improved Skye Bank’s ICT capacity and helped strengthen the bank’s service delivery.
“The bank extended its appreciation to the affected staff for serving the bank, describing them as members of the family who will always be accorded deserving respect in their future dealings with the bank."