Fear and uncertainty has taken over Equity Bank as reports emerge of targeted staff dismissals disguised as performance-related issues.
Employees are accusing the bank of adopting questionable tactics to sack workers without openly declaring redundancies.
This has sparked concerns over the bank’s treatment of its workforce, especially considering its reported profits of KSh 39 billion.
A whistleblower alleges that Equity Bank has chosen to bypass the redundancy process, which would require transparency and compensation, and instead resorted to labeling employees as “poor performers” to justify their terminations.
The source explains that this approach creates a toxic work environment where staff constantly fear for their jobs.
Employees are now anxious that false accusations or fabricated performance reviews could be used as tools to push them out unfairly.
“Everyone is living in fear at Equity Bank,” the source revealed. “You never know when or where fake charges will be instigated against you.
The bank makes billions in profit yet treats its employees like trash instead of following lawful redundancy processes.”
This highlights growing frustration among workers who feel trapped in an unfair and oppressive system.
These revelations have raised questions about Equity Bank’s corporate ethics.
A bank that boasts impressive profits should be expected to operate with integrity and fairness, particularly toward its employees. Instead, the current allegations paint a picture of a company willing to cut corners at the expense of its workforce’s wellbeing.
Employees say this practice not only affects their morale but also damages the trust and reputation Equity Bank has tried to build over the years.
Critics argue that targeting employees and blaming performance is a deliberate strategy to avoid accountability and payouts associated with lawful redundancies.
Instead of providing transparency or implementing fair reviews, workers feel the bank is exploiting its power to unfairly eliminate them.
Such practices are seen as exploitative and create a culture of distrust, where employees are more focused on protecting themselves than contributing to the company’s success.
The whistleblower’s call to expose Equity Bank reflects the growing public outcry over corporations that prioritize profits over fair labor practices.
As fears spread within the bank, there is pressure on the management to clarify its stance and address the growing concerns. Institutions like Equity Bank are expected to set an example of good corporate governance, but this incident suggests otherwise.
If these claims are true, Equity Bank risks not only its reputation but also potential legal battles and loss of trust among employees and customers.
The bank’s failure to address this issue could signal deeper systemic problems, which may ultimately affect its long-term stability.
Workers deserve fair treatment, and it is up to Equity Bank to demonstrate accountability and restore confidence in its workplace practices.
