Not laid off any employee: ICICI Bank | india | Hindustan Times
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Not laid off any employee: ICICI Bank

Distancing itself from the issue related to the alleged job loss-triggered suicide attempt of an employee of one of its service providers, ICICI Bank said that it has not laid off any employee and said it has also apprised the police over forced entry by some “unruly people” into its office.

india Updated: Jun 21, 2009 20:44 IST

Distancing itself from the issue related to the alleged job loss-triggered suicide attempt of an employee of one of its service providers, ICICI Bank on Sunday said that it has not laid off any employee and said it has also apprised the police over forced entry by some “unruly people” into its office.

One Suyog Deshmukh, who was working for Delta Services Ltd, an outsourced service provider for ICICI Bank’s credit card processing department, is said to have allegedly attempted suicide after his job was terminated. He is also said to have named two managerial level employees of the bank in his suicide note.

Reacting to the media reports, which also said that the company was forced to reinstate all the employees sacked along with Deshmukh after a demonstration by them subsequent to the suicide attempt, ICICI Bank said in a statement that it “has had no discussions or agreement with any one on the issue of reinstatement of any employee.”

“No employee of ICICI bank has been retrenched or laid off. The matter which has been reported is purely an internal issue of Delta Services Ltd, who are service providers to the bank on certain pre-contracted work.

“The job they were executing for the bank was completed and hence they were to move on. If in the course of the same they had asked some employees to disengage, it is purely a matter which they are required to handle,” the bank added.