Friday, February 26, 2010

Thousands of Nigerian bankers sacked this year

See for instance, at 234next.com: apart from money paid out as interest, staff salaries was the next big expense account that banks could effectively trim off, in their quest to reposition their organisations as profit making ventures once again...You wouldn’t believe this, but aside from cutting staff strength, the banks are set to cut salaries soon.

Basically, "downsizing" could happen to anyone.

If you have a job of any kind, start on your back-up plan today, not tomorrow. Saving (the rainy-day fund), investing (don't spend 100% of your income), small business, or even networking/PRing for the future...

Just got a new job. Time to go work on my plan.

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