Skye Bank Plc on Monday fired 175 staff in continuation of the ongoing mass retrenchment of staff in the banking sector.
The bank disengaged the staff despite restrictions placed by the Federal Government on financial institutions from dismissing their staff pending the July 2 meeting of stakeholders.
The federal government also proclaimed illegal, any form of retrenchment in the sector before the July 2 meeting.
“Following spate of petitions and complaints from stakeholders in the banking, insurance and financial institutions, I hereby direct the suspension of the on-going retrenchment pending the outcome of the conciliatory meetings in the industry,” The Minister of Labour, Dr. Chris Ngige said in a statement late Friday.
“In this wise, all the retrenchments and redundancies done in the last four months and all proposed ones should be put on hold pending the outcome of the proposed stakeholders’ summit for the banking, insurance and financial institutions’ employers and employees, slated for July 2.”
But Skye bank has become the first bank to disregard the FG’s directive. Sources close to the bank also revealed that many of the sacked workers have picked their disengagement letter at the Victoria Island, Lagos headquarters of the bank after they were paid off.
so 200 people has added to the list of unemployed people by skye bank.. eeh Eeh eeh
— Oluwole Moses (@OluDmoses) June 7, 2016
The Banking Sector Tsunami Continues…
— Pablo Escobar (@King_Papapreye) June 7, 2016
FG can’t tell you when to hire or fire, NLC don’t even care about anyone except fuel hike. Don’t blame Skye bank
— Mide Banks (@Debells_MUFC) June 7, 2016
Dear skye bank sacked staff,God will be with you, I know hungry go catch you but worry not because you have God and He’ll not let you down.
— Adeyemi Adekalu (@GoodYemi) June 7, 2016
What else should they hav done to avoid recession/bankruptcy? 175 is nothing compare to 1m job that APC govt promised. Biko free Skye Bank
— Johnny ‘kabas Ufok (@Realkabas) June 7, 2016
Ecobank fired 1040 , Diamond sacked 200, Skye Bank has fired 200. Yet, the folks wailing about the economy are Dasuki’s associates. LOL
— Anibijuwon John (@AnibijuwonJohn) June 7, 2016
UBA, Eco, Diamond & now Skye bank. Very soon Power Bank sef will start sacking people.🚶🏻🚶🏻🚶🏻
— Yoruba Boy Not Demon (@iam_tomilade) June 7, 2016
Buhari: Stop sacking your workers 😠
Skye Bank: Buhari, who u epp 😪🙆💁
— Teem’s Ambassador (@ItsWakeel) June 7, 2016
If you do not want to be SACKED like the Skye Bank workers, make yourself VALUABLE at your respective places of work!
— Apostle of Truth (@LadiSpeaks) June 7, 2016
Diamond, Eco & nw Skye Bank…i 1da wat bank z next…unemployment z real mehn
— Mzta TroubleXela (@xmokeweed_deco) June 7, 2016
Heard of the sack by Skye Bank, well all hope is not lost, you can still make a living by investing in BIG COLA a product of @ajegroup
— N-kay (@oriyeh) June 7, 2016
They’re jokers and Skye Bank just laid off 175 or 200 workers, their salaries will be used for something more important!
— Emmanuel.M Olamidayo (@TheOlamidayo) June 7, 2016
skye bank f**kd govt appeals by sacking over 300 staff.
— sir Ashiedu! (@sir_onpoint) June 7, 2016
Skye Bank defies FG, fires 200 staff as the economy moves from bad to worse under Buhari
— cc (@shaabcc) June 7, 2016
Heard Skye bank fired 200 staff. How many staff will they have if they could fire such number
— Ug. A (@EveRusell) June 7, 2016
The sad Irony of life : You queued under the HOT sun to vote for PMB. Skye Bank just fired you while PMB is enjoying his vacation in London
— Remi Gatsby (@Ceorhemz) June 7, 2016
With what’s happening in Skye Bank and other banks, gone are d days wen u depend on only one source of income.https://t.co/fZN2d6lxs8
— Thots About Thots (@AboutThots) June 7, 2016
- Daniel Fayemi for encomium.ng