The management of Ecobank, which recently acquired former Cecelia Ibru led band, Oceanic bank, has found itself in a deep mess.
The financial institution yesterday sacked 4000 of its workforce. According to information available, majority of the sacked workers are from Oceanic bank.
Newsmen further gathered that the sack was targeted at former Oceanic bank staffers, especially as some staffers of Ecobank were given more attractive packages while those from Oceanic bank were given about 50 per cent of what Ecobank staffers get.