Standard Chartered Bank Botswana (SCBB), the third largest bank on the Botswana stock exchange (BSE), has initiated the laying off of employees owning to the global economic melt-down that has indirectly affected the local banking sector, employees’ union claimed Friday.
The union claimed that at least 100 employees lost their jobs throughout the country since the scheme was initiated.
It is alleged that some of the employees were notified almost at their last day at work, according to the reports.
The move has prompted the Botswana Banks Employees Union (BBEU) to be involved in a fierce battle with the bank over the lay-offs.
Most of the employees who were interviewed tearfully broke-down accusing, the management of victimization.
One employee said, “I have over 15 years working for the bank but I was humiliated when I was informed by e-mail that I had been sacked,” she stated.
They also claimed that the severance packages were not done fairly.
Head of Communications and Public Affairs, Ithabeleng Letsunyane, defiantly stated that “the bank has not retrenched any of its employees but are simply restructuring”.
She insisted that some employees will be deployed but no one will lose his or her job.
The Secretary General of BBEU, Keitshokile Basuti, told the Sunday Standard Friday that they had received reports from Standard Chartered bank employees that they had been laid off.
He said, “This is a very sensitive matter; as for now, the union is busy in discussions with the employer.”
He said the discussions over the issue started around December last year and both parties are now at loggerheads.
Basuti said, “It is a pity that some employees are being laid off while discussions are on going.”
He said a significant number of employees are likely to be retrenched, adding that he was not sure when the issue would be resolved. He also threatened that if there is an impasse they would go to court.