According to Sunday Telegraph’s investigation, the sacked employees were not officially informed until they got to work on Friday.
Hear what a source at the bank who requested not to be named said:
“The first sign that made us notice something was going on was that many people could not log into their systems.
At first, we thought it was a network problem; but it soon became clear that staff who could not log in had been sacked.”
The source added that CSM and HR people were mostly affected.
“As as at now, we cannot ascertain the actual number of people that have been asked to go but we heard that they are between 400 and 600 and that many Customer Service Managers(CSM) are affected.
There had been speculation that Branch Managers were compiling list of people to be sacked but nobody expected that they had chosen the end of May to carry out the exercise.”
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