Bank union plans 'total shutdown' as industry wields massive axe over jobs

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Malaysia News News

Bank union plans 'total shutdown' as industry wields massive axe over jobs.

Finance union Sasbo has threatened a"total shutdown" of the banking industry next month if their demands for minimal retrenchments in the sector are not heeded.

He said Standard Bank planned to retrench 6,000 employees, Nedbank 3,000 employees and Absa 878 employees.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sabotaging the economy by holding employers ransom to pay people money for whom they do not have work. When ideology trumps common sense and economic principles in an already bankrupted economy....

Effectively they demand that the corporate world keep employing people they have no work for. But then again, if you support communist ideals it probably sounds normal to them.

Unions out to destroy SA no matter what anc ploy

Massive Strike Coming Soon We Demand Everyone MUST BE UNEMPLOYED

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Major banks deny finance union’s claims of jobs ‘bloodbath’Union worries that more than 10,000 banking sector jobs will be cut Don’t know why this union calls a bloodshower a bloodbath 😡😡😡😡
Source: BDliveSA - 🏆 12. / 63 Read more »