October 10, 2013 at 8:11 p.m.

Four made redundant at Capital G (Update 1)

Four made redundant at Capital G (Update 1)
Four made redundant at Capital G (Update 1)

By Don [email protected] | Comments: 0 | Leave a comment

* Capital G has made four people redundant recently. It was almost a year after it let 13 staff go.

Bermuda’s troubled economy is still seeing companies shedding jobs. In July and August the Bank of Butterfield made 18 people redundant.

A Capital G spokesperson told the Bermuda Sun: “Capital G can confirm that it has recently made 4 positions redundant as part of its ongoing re-evaluation of its business in meeting its client needs and strategic objectives.”

On October 11, 2012 the bank let 12 Bermudians and one guest worker go on a highly emotional day for staff.

*The original version said the four people were made redundant on Thursday. The bank clarified those redundancies were recently and not specifically yesterday.

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