Sunday 29 April 2012

MAINSTREAM BANK DOWNSIZING VIA VOLUNTARY RESIGNATION OF STAFF?

Downsizing is never easy to do and sometimes it begins with the voluntary resignation of staff: The Punch newspaper reports

"Mainstreet Bank Limited had on Wednesday announced that it would disengage employees in its workforce who voluntarily opt to leave the bank’s employment.
The bank had noted that the move was to re-organize, improve efficiency and stability. The Group Managing Director and Chief Executive Officer, Mainstreet Bank Limited, Ms. Faith Tuedor-Matthews, in a statement, said the re-organization exercise was in the best interest of the bank."

Voluntary resignation still allows power to rest in the hands of the employee taking the action, but more often than not, it wouldn't be the first action, they would turn to. however, a powerful catalyst for positive change is getting over the fear of losing ones job. We pray that as staff disengaging from mainstreet bank leave, new careers and business opportunities open up for them.
 

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