Nigerians React As Access Bank Lays Off 75% Of Staff After Donating N1bn To Fight COVID19
One of Nigeria’s biggest lenders, Access Bank Plc is currently under attack as the bank retrenches over 75% of its workforce amidst COVID19 pandemic and also after donating N1bn to the Federal government.
BlackBox Nigeria reliably gathered that the retrenchment was made known by the Managing Director, Herbert Wigwe during the Emoloyee Town Hall meeting which was held online. The MD/CEO declared that since Branch operations wouldn’t be resuming till around December, it was necessary for the bank to take necessary measures so as to cut operational costs.
Mr Wigwe also disclosed that among those affected were tellers, cleaners and security guards, which he said their services will not be needed in coming months due to the current global pandemic that has crippled branch operations of all banks. He also added that the remaining 25% staff will have a pay cut which starts from himself as he said his own salary will be reduced by 40%. Watch the video below…
Reacting to this development, social media users accused the bank of playing to the gallery by donating a whooping amount of N1bn to the Federal government as support to join in the fight against coronavirus then turn around to cut its staff strength and also slash their salaries.
Here are some reactions from the social media…
Your Family dey suffer but you dey do give away for TL. That’s the story of this Access bank.Why do giveaway when you can’t even afford to pay your employees?🤦♂️ pic.twitter.com/1RrhnG4CeJ
— MASTERPIECE👌 (@AdekunleAyan) May 1, 2020
Why do you have to make decisions based on what other people are doing and not what you feel is right?
Access bank donated 1 billion naira to the FG at a time when other banks and individuals were donating.
There decision could be coz other banks were donating and they don't
— Àgbàakin (@agbaakiin) May 1, 2020
We begged you people to no do pass yourself…. now you have seen the outcome…. you rob the poor to empower the rich…..
Hypocrisy
Access Bank— Happy Child (@KAINENE001) May 1, 2020
Access Bank Donated 1 Billion To Federal Government And Reaping It From Their Customers By Deducting Senseless Charges Such as Card Maintenance And Postal Stamp Duty.
This Is Uncalled For And They Should Refund My Money I'm Not The The FG That They Give Donation To.— ɪsʜᴏʟᴀɴsᴏɴ🍽️ (@iam_Muideen) May 1, 2020
https://twitter.com/deeejat_/status/1256078928294395904?s=19
Someone needs to speak sense to that Access bank MD. Nobody asked you to make any covid19 donations to the FG.
What’s wrong with you people donating money to the FG when we have hungry people across this Nation?
What will happen to those 75% Staff now?
Pathetic!🤦🏻♂️
— E B I T U™ (@EbituPromise) April 30, 2020
How did that Access Bank MD video leak and why are you recording your boss’s meeting
— Ayobami (@dondekojo) April 30, 2020
Access bank : We are donating one billion to fight corona
Staffs: that’s why I like working with access bank
Access bank: We are sha taking it from your salary
Staffs : 👇👇 pic.twitter.com/XIEzo7dhAN
— Benjamin Gold (@Benjamingold20) May 1, 2020
https://twitter.com/YOcholi/status/1256079625328955393?s=19
This one Access Bank dey trend,
Quickly check dat your small change wey dey there,
if e still dey o?? pic.twitter.com/1Pz16ZEUfE— The WhatsApp influencer Onye_Igbo ✌️ (@MrLuggageGuy) May 1, 2020
Access Bank is just a tip of the iceberg. Meetings are on going everywhere especially in financial institutions.
— Ayemojubar (@ayemojubar) May 1, 2020
Access Bank, After donating 1 billion to Sinzu, dey now remove it from their workers salary.
Shey e good 🙁🙁 pic.twitter.com/r6iM216uxm
— pipzy▶️virginboy (@walepipzy001) May 1, 2020
Access Bank MD: Buhari, take 1 Billion to fight COVID-19.
Access Bank MD: Cleaners, Securities, we may not need some you’s service after lockdown.
Chai! This life hard for the poor. https://t.co/aWjKbT5P70
— Thεό Abu (@TheoAbuAgada) April 30, 2020