Unity Bank Plc yesterday reduced its over 2,000 workforce by sacking 215 members of staff, it was reliably learnt.
The exercise, it was further leant, was to enable the lender realign its operation and pursue a long term growth strategy.
Some of the downsized staff members were said to have opted to resign while management approved severance package for them in line with the bank’s policy.
The lender last May, forged a strategic alliance with Black Trituium, equity and investment fund manager.
The bank […]