Stanbic IBTC Sacks 250 Staffs and Visafone Also Lay Off 60 Staffs

     
Yesterday, VisaFone lay off 60 of their staff nationwide and Stanbic IBTCalso fired 250 of their staff. The sack take effect from today, May 1st, 2013, which happens to be workers day.The sack by Stanbic IBTC cut across all levels, from management staff to lower staff. From source, the bank will still sack more staff before the end of this year.

The people affected in Stanbic IBTC are full staff employees as the bank intends to make its major workforce 20% permanent and 80% contract staff.

May God help the affected Staffs. Please our government, Senate and House of Reps Should Take Proper actions against these companies if these workers were dismissed without adequate compensation or breech of contract. This is annoying!