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	<title>Chairman King &#187; African University of Science and Technology</title>
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		<title>Layoffs for Christmas? Nigeria&#8217;s Banks to Sack 5,000 This Week; Massive Retrenchments Continue in the Nigerian Banking Sector</title>
		<link>http://www.chairmanking.com/layoffs-for-christmas-nigerias-banks-to-sack-5000-this-week-massive-retrenchments-continue-in-the-nigerian-banking-sector-20091221/</link>
		<comments>http://www.chairmanking.com/layoffs-for-christmas-nigerias-banks-to-sack-5000-this-week-massive-retrenchments-continue-in-the-nigerian-banking-sector-20091221/#comments</comments>
		<pubDate>Mon, 21 Dec 2009 12:28:39 +0000</pubDate>
		<dc:creator>Staff Writer</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Abuja]]></category>
		<category><![CDATA[African University of Science and Technology]]></category>
		<category><![CDATA[AUST]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Careers]]></category>
		<category><![CDATA[CBN]]></category>
		<category><![CDATA[Central Bank of Nigeria]]></category>
		<category><![CDATA[Hassan Adeleke]]></category>
		<category><![CDATA[Job Market]]></category>
		<category><![CDATA[Job Search]]></category>
		<category><![CDATA[Lagos]]></category>
		<category><![CDATA[Lamido Sanusi]]></category>
		<category><![CDATA[Landmark Investments]]></category>
		<category><![CDATA[Layoffs]]></category>
		<category><![CDATA[Marina]]></category>
		<category><![CDATA[NDIC]]></category>
		<category><![CDATA[Nelson Mandela Institute]]></category>
		<category><![CDATA[Ngozi Okonjo-Iweala]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[Nigeria Deposit Insurance Corporation]]></category>
		<category><![CDATA[NUBIFIE]]></category>
		<category><![CDATA[Okechukwu Amadi]]></category>
		<category><![CDATA[Retrenchment]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[World Bank]]></category>

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		<description><![CDATA[There are strong indications that the on-going wind of massive job cuts in banks will blow unabated before the end of the year.
Investigations by the Nigerian Tribune indicated that apart from the two banks that sacked over 4,000 workers over the weekend, four banks have also concluded plans to distribute sack letters today.
Nigerian Tribune learnt [...]]]></description>
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