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Thursday, June 28, 2012

MAINSTREET BANK SACKS 800 WORKERS


THE management of Mainstreet Bank Plc, formerly Afribank Plc, Friday, sacked no fewer than 800 workers despite the Federal Government’s directive to the management of the bank and organised labour to maintain status quo pending resolution of labour issues between the management and labour.

Meanwhile, organised labour, yesterday, asked the management of... the bank to immediately reverse the termination or labour and its allies would shut down its operations nationwide, describing the management’s action as illegal and unprocedural.

It was gathered that the management just locked the affected workers out of the bank’s network, denied them access to their offices and asked them to wait for their termination letters through their email boxes

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