Bad Start For Equity Bank Employee’s As Over 50 To Lose Jobs
News making headlines is that Kenya’s Equity Bank will retrench more than 50 employees after merging key departments if only to have a better 2010.
2009 was the only year that Equity bank did not post growth in profits and the management are keen to ensure cost reduction.
Though the year was bad for Kenyan financial companies,its not yet clear whether we are out of the woods and Equity’s bank latest move might dash any hope.
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