THE management of Mainstreet Bank Plc, formerly Afribank Plc, Friday, sacked no fewer than 800 workers despite the Federal Government’s directive to the management of the bank and organised labour to maintain status quo pending resolution of labour issues between the management and labour.
It was gathered that the sack came few days after the Federal Government through the Ministry of Labour and Productivity at a meeting in Abuja with the organised labour and management of the bank on the outstanding gratuity of staff of the defunct Afribank Nigeria Plc.
Meanwhile, organised labour, yesterday, asked the management of the bank to immediately reverse the termination or labour and its allies would shut down its operations nationwide, describing the management’s action as illegal and unprocedural.
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