Tuesday, July 16, 2024
HomeNewsAccess Bank plans to cut workers’ salaries over coronavirus lockdown

Access Bank plans to cut workers’ salaries over coronavirus lockdown

Herbert Wigwe

 

By Our Reporter

Staff of Access Bank PLC are stiff worried and bitter that in spite of the bank’s donation of materials and isolation centres to curb the spread of coronavirus to state and federal government, the bank is planning to cut salaries of its workers to prevent job losses as lockdown occasioned by coronavirus has drastically affected its income.

Sources informed National WAVES that the reductions were expected to start from May unless business conditions improve.

The sources who said they were briefed on the matter during a conference call, said some management staff would get as much as a 40% decrease in their salaries.

SMS sent to Abdul Imoyo of the corporate communications department regarding the salaries cut was yet to be responded to as at the time of filling this report.

 

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular