Sunday, December 15, 2024 - More letters confirming the abrupt layoffs at Equity Bank have surfaced, adding to the growing concern over the bank’s handling of terminations.
According to the latest source, 300 employees were issued termination letters
on the morning of Friday, December 13, 2024, despite the bank’s previous
commitment to a three-month notice period outlined in performance improvement
plans (PIP).
This latest batch of letters further illustrates the need for more communication and transparency, as affected staff were not given prior warning, and the
terminations were executed with immediate effect.
Many are now questioning the integrity of the process, with some employees
noting discrepancies between the terms outlined in show-cause notices and the
actual termination conditions.
The latest developments serve as a stark reminder of the ongoing concerns
surrounding the bank’s labour practices.
The Kenya DAILY POST.
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