Sasbo leaves no stones unturned to protect its members

By Lelethu Mquqo
23 October 2010

The finance union Sasbo, which represents over 15 000 employees of Standard Bank, says it is shocked that the bank wants to retrench more than 1 200 of its workers.

This is around four-percent of the bank’s workforce in South Africa.

Sasbo criticizes the fact that Standard Bank is placing profits before employees’ job security and livelihoods while it remains a highly profitable institution.

The union says it will leave no stone unturned to protect its members who now face an uncertain future.