More Unemployment Woes: Unity Bank Sacks Over 170 Staff

Unity Bank Plc has issued a statement announcing the sack of more than 170 of its workers as part of its efforts aimed at repositioning it for effective service delivery.

The bank, in the statement issued in Abuja, also stated that it had recruited over 300 new members of staff, mostly at the entry level.

The exercise, it explained, was in a bid to “right size” its workforce and position it for sustainable quality banking services across the entire branch network.

The statement read in part, “Unity Bank Plc has announced the disengagement of over 170 members of staff and has also recruited over 300 new ones, mostly at entry level and experienced hires. The exercise is in a bid to right size its workforce and positions the bank for sustainable quality banking services across its entire branch network.

“The development of the bank’s human resource is one of the key areas identified as part of the objectives that the bank’s just concluded capital raising exercise would address.”

The statement also quoted the Executive Director, Secretariat and Services, Unity Bank, Mrs. Aisha Abraham, to have said, “Our people are our greatest assets; we consistently strive for training and rejuvenation of our workforce, constantly introducing a steady mix of promising young talents and experienced professionals.

source: Daily Times

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