About 200 employees of Bank of Africa, BoA Ghana are to be laid-off by March next year.
The process which is already underway would however not necessarily affect only Junior staff.
That’s according to management which adds the move is aimed at streamlining the bank’s operations for enhanced service-delivery to customers.
Chief Executive, Kobby Andah told Joy Business, the retrenchment exercise has been necessitated by the bank’s operational model also following the acquisition of Amal Bank earlier this year.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Mahama reiterates commitment to permanent peace in Bawku
7 minutes -
‘Nothing off the table’ in Canada’s response to US tariff threat
2 hours -
New suspected Marburg outbreak in Tanzania kills eight – WHO
2 hours -
Kenyan minister alleges intelligence agency behind his son’s abduction
2 hours -
No more miners trapped underground in South Africa, volunteers say
2 hours -
US issues fresh round of sanctions against Russia ahead of Trump return to White House
3 hours -
Death toll from South African mine siege rises to 78, rescued now at 166
3 hours -
Biden takes aim at ‘tech industrial complex’ in farewell speech
3 hours -
Biden says Gaza deal based on his framework while Trump claims credit
3 hours -
Ex-convict, 22, jailed in Tarkwa for threatening to stab student
5 hours -
The would-be African nation in love with Donald Trump
5 hours -
‘We’re not investigating, we’re validating’ – Domelevo clarifies ORAL Committee’s role
6 hours -
JoyNews poll: Akufo-Addo, his government’s ‘killer’ taxes and nepotism blamed for NPP’s 2024 defeat
6 hours -
Malian PM arrives in Accra with special message for Mahama
6 hours -
What happens if TikTok is banned in US?
6 hours