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.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Peter Moyo still barred from Old Mutual despite winning court case | IOL Business ReportMoyo was fired for alleged misconduct owing to the conflict of interest in NMT Group, the investment company he founded. Wenzene o moyo batho ba rona ke mathatha a sechaba sa rantsho re tlholegile
Source: IOL - 🏆 46. / 51 Read more »

SA economy recorded a trade surplus of R4.42bn in June | IOL Business ReportA sense of optimism temporarily washed over the South African economy this afternoon after the nation recorded a trade surplus ... InuWolfie what does this mean? Filling a bucket with holes with an eyedropper. cc MthuliNcube MoeChanda GGuvamatanga InfoMinZW nickmangwana
Source: IOL - 🏆 46. / 51 Read more »