50 Skye Bank employees sacked – See reason why

Skye Bank Plc has sacked about 50 members of staff,months after retrenching 200.

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According to reports most of those affected were auxiliary staff  like tellers, drivers and internal security guard and the reasons for their exit ranged from non-performance, disciplinary issues as well as rightsizing by the lender.

The management of the bank also approved payment of the entitlement and severance packages to those affected .Skye Bank said in a statement last night…

” The bank thanked the affected staff and expressed its appreciation for their work while in the employment of the organisation,”
“Part of the mandate of Skye Bank’s re-constituted board is to run a lean and efficient organisation; control cost; aggressively recover debts owed by debtors and grow deposit liabilities and shore the liquidity position of the bank,” it added.

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