Hong Leong Bank Bhd, the fifth leading bank in Malaysia is on a massive move to retrench workers.
In a move called “Hubbing & Centralisation”, the bank want to centralising its operations from all over Peninsular Malaysia to merely locations North, Central and South of Peninsular Malaysia. Consequent to this Hubbing and Centralisation, a total of 49 workers are being forced to leave their families and move hundreds of kilometres away.
The Central Bank of Malaysia has approved this Hubbing and Centralisation.
Appeals to the Chairman of the Bank who is a Singaporean earning a living in Malaysia has fallen on deaf ears.
The centralisation is done without any justifications. The only visible justification is retrenchment of the workers either with or without compensation. It is with compensation, when the workers accept the meagre sum of compensation offered by the bank. Workers who object to the relocation will be brutally terminated.
The Malaysian Government has failed to protect these workers. As a result of the Government's failure, the 49 workers risk losing their jobs.
Solution: The Union representing these workers, the National Union of Bank Employee a.k.a NUBE Malaysia is urging the Prime Minister of Malaysia, Dato Sri Mohd Najib Tun Razak to intervene to protect the citizens of Malaysia from the clutches of vicious capitalism. NUBE is call on the Prime Minister of Malaysia to intervene and direct Hong Leong bank to suspend the Hubbing and Centralisation exercise and reinstate the jobs of the 49 workers until the Industrial Court make a decision on whether the centralisation is valid and with just cause.
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