Unions up in arms over Standard Bank branch closures threatening 1 200 jobs | IOL Business Report

JOHANNESBURG – Labour unions have reacted to news that Standard Bank plans to close down 91 branches across the country, resulting in 1 200 people losing their jobs.

“What is happening in the bank right now is of serious concern given our country’s high unemployment rate. Any job losses based on operational requirements will inadvertently suppress the sustainability and growth of our economy and this we cannot afford,” says Ebersohn. Standard Bank said the shift in customer behaviour meant that its clients were using its branches less.

StandardBankZA Forget the number, where was these unions when the banks were negotiating closing the banks? It starts in the boardroom before coming to the masses, they were there sleeping agreeing to everything now that the time has come they act like they care 😡

StandardBankZA Last time it was 104.what changed.

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