Over 200 Bankers Lose Jobs in Enterprise Bank and Keystone Bank

Due to the rationalization exercise that was recently carried out by Enterprise Bank and Keystone Bank, over 200 staff members of both banks have lost their jobs   On the 2nd of December Enterprise bank rolled out a list comprising of a 150 staff members that were affected by the rationalization excersie which according to the bank's management was done in order to achieve effective service. Worst hit by the retrenchment exercise are the Lagos Island branches of the bank. Spokesman for the bank, Olusola Longe-Okenimkpe says the rationalization exercise was carried out to identify resource optimization.

Keystone bank in November also carried out their own rationalization excercise hich saw 52 senior staff members losing their jobs. 

This is so disheartening!