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The Access Bank Plc Video, Dangote Cement Plc - Why It Will Only Get Worst by Neictraema(f): 2:29pm On May 01, 2020 |
If you have not seen the trending video by Access Bank Plc MD/ CEO Herbert Wigwe talking about firing some "non-essential" staffs you have not been paying attention. https://www.youtube.com/watch?v=fX0HYZdL7HY Rightly like most, I am somewhat saddened by its content and want to get my frustration out, I feel we all should be asking questions here. 1: Are cleaners, security men and women "non-essential staffs"? For how long have they been "non-essential staffs"? 2: Outsourcing company: - Should they be regulated? Prevented from sending massively underpaid staff to the financial sectors? - Should any work that lasts more than 6 months in any form be allowed to be filled with temporary staff? 3: Access Bank Plc: - If this is a cost-saving ritual, do these 70% largely outsourced "non-essential staff" EARN more than the remaining 30% (including the top management)? - Should the bank investigate and fire (the only armo they seem to have and love using) who leaked the video? - Should an employee be even considering recording a private company meeting? - Should the CEO not try to save costs in these environments where revenues are certain to head south? - Did the CEO go after people that represent simple numbers on a screen instead of his close c-suits team? 4: Nigeria (A country is never ready-even in the good times) - Should naija ban outsourcing staffs - Should naija have unemployment benefit programs? - Should naija step in right now and prevent firms from laying off their staff? Using grants, forgivable loans, threats (of nationalization) if necessary. Sadly things will only get worst: - next, it will be the oil companies (with negative oil prices) - the banks that have exposures to the oil companies - state governors abandoning the minimum wage pledge (I hope they don't) - Federal government cutting budgets - construction firms etc - people buying only "essentials" affecting services and more No one can be prepared for a pandemic, however, neither Nigeria nor most Nigeria CEOs nor most employees were prepared for any kind of downturn. We were set for perfection until COVID 19 hit. I pray and hope COVID -19 will join the history books soonest and its lessons will stay with us. I am sure you more questions and answers please drop them in the comment below. 1 Like 1 Share
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Re: The Access Bank Plc Video, Dangote Cement Plc - Why It Will Only Get Worst by raystar96(m): 2:37pm On May 01, 2020 |
So sad...ABN messed up big time... giving to the greedy instead of the needy. 1 Like |
Re: The Access Bank Plc Video, Dangote Cement Plc - Why It Will Only Get Worst by Jokerman(m): 2:53pm On May 01, 2020 |
At least Dangote didn't sack 2 Likes |
Re: The Access Bank Plc Video, Dangote Cement Plc - Why It Will Only Get Worst by aliandro(m): 8:27pm On May 01, 2020 |
This too shall pass and we will survive it. 1 Like |
Re: The Access Bank Plc Video, Dangote Cement Plc - Why It Will Only Get Worst by heykims(m): 8:52pm On May 01, 2020 |
The op is not being factual but rather sentimental. I feel for those that will lose their jobs though but it'll happen, not only in Nigeria but worldwide. 1 Like |
Re: The Access Bank Plc Video, Dangote Cement Plc - Why It Will Only Get Worst by raystar96(m): 9:22pm On May 01, 2020 |
heykims:I pray your love one's doesn't lose their too |
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