Barclays Bank of Kenya (BBK) now says it will not let go of its staff as a result of the ongoing restructuring exercise as it rebrands to Absa, even as the lender’s headcount has continued to drop over the years.
The bank’s staff stood at 2,128 as at last December following the exit of 78 employees under a voluntary staff exit scheme in 2018, according to its annual report. The lender spent Sh479 million to compensate the retrenched employees.
