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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.

Updated on: Jun 21, 2009, 20:44:53 IST
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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.

HT Image
HT Image

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.

 
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