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Nairaland Forum / Nairaland / General / Career / Treasury Single Account: Banks To Sack Thousands Of Staff (42177 Views)
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Treasury Single Account: Banks To Sack Thousands Of Staff by donogaga(m): 6:26am On Sep 12, 2015 |
A source who is a top management staff of one of the first generation banks told leadership Weekend on condition of anonymity that only two days ago, his bank laid off one thousand staff nationwide adding that the mostly affected in the downsizing exercise are desk officers. http://leadership.ng/news/460520/banks-begin-massive-sack-over-treasury-single-acct 7 Likes 3 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by Nobody: 6:27am On Sep 12, 2015 |
Since this is happening, the Government should see what they can do to stem the tide of Unemployment in the country. Besides, the Banking Sector offers the least form of job security, they downsize regularly, they shouldn't use this as an excuse. What's their excuse for the massive retrenchment of late 2014? In other news....... FTC ![]() Dedicated to all Barcelona fans. 73 Likes 1 Share |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by INTROVERT(f): 6:27am On Sep 12, 2015 |
Winter is coming 40 Likes 1 Share |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by SeverusSnape(m): 6:28am On Sep 12, 2015 |
Since Buhari came on board, thousands of Jobs have been lost. But the dull'ard promised two million jobs annually. Maybe he meant the opposite. Because he can be confused most of the times. I just hope my friends who are Bankers won't be sacked. 115 Likes 7 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by dejavski(m): 6:31am On Sep 12, 2015 |
The era of "the poor killing themselves" for survival is nigh ![]() 6 Likes 3 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by IVORY2009(m): 6:32am On Sep 12, 2015 |
Lolz 1 Like 2 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by Nobody: 6:33am On Sep 12, 2015 |
SeverusSnape: Mr Severus, Please do not do this. Mention one administration since the days of Obasanjo that people did not lose their jobs. This isn't about the Presidency, Its a national dilemma. We should be concerned about the solution rather personalising the problem on the Presidency, except if you're happy about it. 123 Likes 5 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by SeverusSnape(m): 6:34am On Sep 12, 2015 |
Axeurdaddy:Buhari's own is worse, just look, Only four months in power and tens of thousands of Jobs have been lost. I'm not happy about it, because I have friends who are Bankers. 75 Likes 3 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by Nobody: 6:36am On Sep 12, 2015 |
SeverusSnape: We both know it isn't, Do not allow petty hatred cloud your sense of judgement. I have friends and families who lost their jobs in Jonathan's era as well. 82 Likes 2 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by SeverusSnape(m): 6:37am On Sep 12, 2015 |
Axeurdaddy:Is that so ![]() 49 Likes 4 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by Nobody: 6:40am On Sep 12, 2015 |
SeverusSnape: I have relatives who had everything going good for them before Jonathan became the president and the harsh economic situation of the country led to them being booted out of their jobs. How's that too? 61 Likes 1 Share |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by ademega(m): 6:41am On Sep 12, 2015 |
painful but the sacrifice for change and corrupt free society. when everything stabilize, they will get job and smile again. 55 Likes |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by SeverusSnape(m): 6:44am On Sep 12, 2015 |
Axeurdaddy:Oh, really?!... I had aquintances who were hale and hearty before Buhari came on board, all of a sudden, They are now on sick beds, because of the downward slope of our health care system under Buhari. How about that? 41 Likes 2 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by donogaga(m): 6:50am On Sep 12, 2015 |
ademega: Hopefully..... Let's hope for the best!!! 9 Likes |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by Nobody: 6:51am On Sep 12, 2015 |
SeverusSnape: This should obviously point out to you that the issue of downsizing in companies or financial institutions isn't peculiar to this administration alone, Its a cankerworm that has been embedded in the fabrics of our economy. Crying Wolf won't solve the problem. Asides the issue of TSA, Banks downsize at intervals, A massive retrenchment exercise was called out in the banking sector last year, Was PMB the president then? My point is, Something needs to be done about Employment Generation so everyone doesn't rely on banks because the Banking Industry has been the largest employer of Labour for the past 4-5yrs. Healthcare?? C'mon bro. Our hospitals have always been bad. Even GEJ and his Wife used to travel abroad for medical attention so what's the fuss about? 93 Likes 1 Share |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by amnesty7: 6:56am On Sep 12, 2015 |
In the end life will surely go on. 4 Likes |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by SeverusSnape(m): 6:58am On Sep 12, 2015 |
Axeurdaddy:You're right, Banks always retrench from time to time, It happened during the time of Yaradua, Jonathan, Obasanjo and it's happening under Buhari. But didn't you see that report of sixty (60) thousand construction workers losing their jobs?, Did you read the report from the National Bureau of statistics some weeks back?...Isn't this an era of "change"?... things should be changing positively or at least remaining as it was; But alas!...It's getting worse. 44 Likes 1 Share |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by Jwhizzy(m): 7:02am On Sep 12, 2015 |
Axeurdaddy: I admire your courage for continuing to respond to this troll. Banks with plans to lay off staff just found a convenient excuse. The truth is some of these banks strongly skewed their borrowings in favour of politicians and businesses which were pro-pdp in the last administration. Now that power has shifted hands, honey has stopped flowing in certain directions and loans have gone bad. 78 Likes 2 Shares |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by Nobody: 7:12am On Sep 12, 2015 |
Jwhizzy: Lol. I just feel like a lecturer this morning, Hence the need to educate him. Thanks tho My point exactly, Banks lay off workers all the time, They just found a perfect excuse this time 29 Likes |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by Nobody: 7:14am On Sep 12, 2015 |
SeverusSnape: Did you know that over 70% of Nigeria's 80Million youths were unemployed during GEJ's administration?? 35 Likes |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by frankyychiji(f): 7:16am On Sep 12, 2015 |
Gej issued that directive on TSA when he held sway but hadn't enforced its immediate compliance because the economic experts obviously saw that it will create more problems in trying to solve a problem hence Gej's approach in plugging the avenues of corruption gradually. Buhari came and in his desperation to make a mark after just few days in office while dancing to the gallery set for him by America and co, he delved headlong into enforcing the TSA without due considerations to the short term and long-term effects of such actions. At the end we are expecting nothing less than the loss of 100,000 jobs in the banking sector alone and other affected sectors will follow suit. Sometimes, a good intention might turn out to create more problems than solving the problems. More of military fiats like this with this kind of effect is on the way. If Buhari had an economic team in place, I am sure they would have advised for a better approach to implementing the TSA. Sudden loss of job leads to untimely death! 29 Likes 1 Share |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by SeverusSnape(m): 7:19am On Sep 12, 2015 |
Axeurdaddy:Liar. You're a big liar. 21 Likes 1 Share |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by Nobody: 7:19am On Sep 12, 2015 |
Too bad. But anything to prevent leakage,and robust economy is ok by me.. Its better to have a functioning economy,and have less people affected to achieve that,than postponing the evil days. Those affected should take heart. 17 Likes |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by RichDad1(m): 7:19am On Sep 12, 2015 |
This is no news. It's a common knowledge that Bank job is one of the volatile and inducted job in the country today. Banks been sacking since 2010. Trying to associate it with the TSA is just myopic. 30 Likes 1 Share |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by dunkem21(m): 7:21am On Sep 12, 2015 |
RichDad1: You're wrong. I already knew the TSA will sack bank marketers .. ..Or don't you know that those individual accounts make up the cabals of the bankers .. ..Some banks will feel the hit seriously .. 4 Likes |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by powerfulsettingz: 7:21am On Sep 12, 2015 |
Honestly Buhari administration is becoming hell ooooo, Chai I wish i had seen this bcoming before casting my vote 5 Likes |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by veekid(m): 7:21am On Sep 12, 2015 |
? |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by LMAyedun(m): 7:21am On Sep 12, 2015 |
Buhari's Policies doesn't seems friendly.. 4 Likes |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by kennyddonn(m): 7:22am On Sep 12, 2015 |
h |
Re: Treasury Single Account: Banks To Sack Thousands Of Staff by NinaArsenal(f): 7:22am On Sep 12, 2015 |
Ok 1 Like 1 Share |
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