hey guys welcome back to my youtube
channel my name is glory Elijah and this
is Frankly Speaking with Glory, so there is this
video that's correctly trending online
about the MD of access bank Lagos Nigeria addressing
his employees about the changes that's
going to be happening in Access Bank
Nigeria moving forward and these changes
are going to be effective till December
2020 of course we knew it's because of
the Kobe 19 pandemic in Nigeria and also
globally so the video is costing a lot
of like controversy a lot of opera
online especially coming from people who
are working with access bank or who have
loved ones or relatives actually working
access bank so I'm gonna play that clip
of the MD actually seeing what he said
and then afterwards I'm gonna give you
guys my own perspective my own Frank
opinion about what I think about the
changes that the MD has talked about so
don't go anywhere watching the end of
this video and then don't forget to also
drop your thoughts and your comments in
the comment section below I would
definitely love to know what you think
let's jump into the video so we probably
don't need as many security men as
required given to the fact that what
others have fallen branches open between
now and December we certainly don't need
all the security man don't need all the
details we don't need all the cleaners
we don't need all it tell us etc etc so
that's a number of stuff which
represents every five percent of our
stock strength at it is one that we need
to basically speak with the employers
with the view to getting them alright to
rationalize to the levels that we think
will be necessary to basically sustain a
mean but actually customer service
oriented institution so we are going to
be looking at that or I can speak to you
today and at several discussions that
one would agree to making sure that we
rationalize and bring those numbers to
what are acceptable numbers for
institution given the days ahead that
you see the second has to do with our
professional cost now that is one that
is very tricky and it's tricky because I
do understand and I appreciate the fact
that is gonna you know bring its own
pain to stop we basically have to make
the adjustments the same way you sounded
when we spoke 10 days ago with respect
to physically cutting down costs
I will be the first to take the heat and
I'm going to take the largest Baker's
which should be as much as 40% the rest
shall have to cascade right through the
institution everybody may have to make
some adjustments of some sort let me
quickly say that it's not the best of
times we understand the difficulty
people are going through but we also
understand the higher calling of
critical institution that can continue
to provide for us and in fact that
tomorrow when things do improve we shall
revert to what is normal but what is
important is do not just what I required
at a time where we see a magadhan always
in great difficulty community to make
sure that if there is one institution
left standing in this country as a bad
it must be access so that's the decision
that we have to take now please don't
get me wrong we know it's the difficult
decision we appreciate the part that is
going to hurt people but we necessarily
have to make that adjustment to ensure
that we protect and protect our
franchise and make us stronger I am not
particularly surprised about the content
of that video I am NOT surprised about
what the empties said now I'm remember
if you remember quite all right I did a
video last week and I tied to that video
post copy 19 predictions and not people
thought that maybe Gary was getting
crazy or maybe I was a happy in general
bad news but then um I I just laughed it
off because look this is a very very
regular situation it's not just
happening in Nigeria it's happening
globally especially in the US as well
now if you didn't see that video just
check one of the cards thats hanging
right now and you will see that video or
I'm checking the description box of this
video and you will see that video watch
it and see my predictions now what I
have to say is that a couple of days
back I watched Gary V's Instagram life
he was having a conversation with a
woman and the woman said that she is um
that she has a job that she really hates
her job she doesn't like her job she
doesn't like the work environment and
all of that and she said she was trying
to leave trying to go and invest her
money in other businesses
and then she said what to her shock
something happened I just killed my
mosquito that's try to bites me
so humans said that to her shock and has
surprised a company carried out a very
massive downsizing now this done sizing
affected like literally half the number
of stuffing that company in the US and
then to have major disappointment or
shock she has his very close friend
there's also a colleague of hers and
then she had this friend yeah they have
the same job description but then this
friend of hers was also affected by the
downsizing so she said she felt so much
guilt she felt really really sad and
anger reacts the one question that okay
so what's your what's your take now used
to go to quit your job and she was like
which I jump away hey
now she's up it's not job anyway all
this all that you are doing downsizing
major convenience then you know what's
the hope or what's the assurance that
she is going to get another job where
she needs a job so guys that's just an
example of the numerous things that's
happening currently around the world I
did that video because I had sat down I
had thought about the situation and in
my head I knew instantly that Luke
discovered nineteen it has been
happening for two months now companies
are shut down businesses are shut down a
lot of business owners they are racking
their brains on how they are going to
make back their money that they have
lost from not being fully operational in
the past two months and a lot of people
are going to be making a lot of business
decisions
not because they are selfish but because
they have spent a lot a lot of time
money resources and building up a
business and the last thing they want is
for covet 19 to not just Q people world
but to also ravage their businesses
allowable my seeds has very very selfish
decisions but then if you look at it as
a business owner sometimes it's probably
the right thing to do at this point in
time yes it's going to affect a lot of
people that's why a lot of motivational
speakers have been saying to people
learn one or two things online learn
anything that you can do check yourself
if there's any skill or talent that you
have stopped putting it into into action
you know
start preparing your mind for the worst
offer the best because at this point
nobody is sure of what is going to
happen not the controversy from that
video is a lot of people saying that oh
why would access bank to net 1 billion
to the federal government of Nigeria to
fight against could be 19 and then you
are coming out to say now that they are
going to reduce Science salaries by 40%
they are going to cut down on operations
of more staff look the reason is because
with the new stipulations from the
government business is supposed to
resume from 9:00 a.m. to 3:00 p.m. and
if you look at it as a business owner
it's not really profitable to a business
because if stars hours has reduced from
9 a.m. to 3 p.m. instead of maybe 95 or
96 and from my own understanding a lot
of bank workers they actually resume
from 8 or 7:30 a.m. and they close by 8
p.m. so if you look at it if you are
paying someone a full-blown salary of
let's say $100,000 for doing 10 hours of
work or night house of work I think it's
only you know we don't even makes a lot
of sense if the person is working less
hours and you are paying the person
according to the number of hours that
the person is working yeah it might
sound very inhumane but then as a
business owner you just need to start
thinking that way and I think that's
what the MD of access bank is doing yes
I know I know you guys are going to say
that ogler is delusional glorious
sounding really harsh but then that's
just gospel truth I mean fine forget the
fact that they actually spend a lot of
money you know giving the federal
government 1 billion which I am blaming
them for because in my head I am
thinking why would you give the
government 1 billion naira to FICO vid
19 and then you have customers that are
actually banking with you and you know
that could be denied is this really
gonna affect all your customers why
didn't you just treat that money and
credit all the accounts of all your
customers or your aside your customers
also spend that money in empower your
staff to keep them you know to keep them
during the
period of hardship or instead you give
it to the government and now nobody
knows what the money has been useful
palliative measures and all of that
relief materials Oh they've been
shouting they we shadow sure nobody has
seen anything so for me that one
billionaire the access back gates the
government it was a total waste and toe
to toe to waste that money has gone into
the black hole now in other news this
thinking about cutting down staff
salaries it's expected I am not really
surprised because as I said earlier I've
talked about it on my channel before but
probably couldn't really take it serious
so moving forward moving forward what I
want to encourage everybody to do is
calm down don't panic I don't try to
expect the best don't try to also expect
the worst as well just prepare your mind
for anything because the truth is access
Bank is just one of thousands of banks
and thousands of businesses that's gonna
take this kind of decision so if you
think that you are safe you probably
have a very very high rank in your
personal side of things at the place
where you work or you're probably the
owner of the business are probably the
CEO of the business I don't know but
then the gospel truth is decisions like
this many more is going to come in the
coming months many more decisions like
this is going to come already I have a
friend that owns a cafe and my friend is
thinking that is it going to very very
profitable if my staff resumed from 9:00
a.m. to 3:00 p.m. and they are not
making the kind of money that they're
supposed to make you know on a normal
day and then how much what of stuff
products is a customer supposed to buy
before we do delivery is it going to be
very very reasonable to make a kind of
business decision I'm gonna be paying
for electricity I'm gonna be paying for
what I'm going to be paying for
everything at the location where my
business is located you know so no
business owners are thinking in this
regard and let's not forget that
inasmuch as business owners you know
have that responsibility of trying to
help their staff to secure their jobs
they are also trying to secure their
businesses you know so I don't
five million offense to you guys but I'm
just saying that guys just prepare your
minds for anything decisions like what
the empty of access bank has just made
many more will come and it's not because
they actually hates the staff or because
they've been looking for a way to cut
down or number of stops or whatnot no
but then it wouldn't really make sense
you know that there's a curfew by 8:00
p.m. there's a lot done partial orders
you going on and which will continue
anyways you know and then banks all
banking hoses you open even when it is
obvious that according to God
manipulations that people should not
even go into the banking halls for
health and safety reasons you know so a
lot of that and many other reasons guys
I think that is why the end is making
this muscular decision so guys let's be
hopeful that Cove in nineteen is going
to end soon enough so that life will go
back to the best way not to what it used
to be because as I have said in that or
that video that life will never go back
to the same way it was it can only be
different it can only change you know so
remember to wash your hands stay safe
use your face mask use your
alcohol-based hand sanitizer
stay safe and eat healthy boost your
immune system so that together we can
all fight the spread of curve eight
nineteen also you guys in my next video
don't forget to subscribe to my channel
and don't forget to also turn on post
application to become a part of this
family thank you guys so much for
watching I'll see you guys in my next
video
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