{"id":73140,"date":"2020-05-01T15:39:42","date_gmt":"2020-05-01T14:39:42","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=73140"},"modified":"2020-05-01T17:31:51","modified_gmt":"2020-05-01T16:31:51","slug":"covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/","title":{"rendered":"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries"},"content":{"rendered":"
\n
<\/div>\n
\n
Herbert Wigwe, the Chief Executive Officer, CEO, of Access Bank, one of
\nNigeria\u2019s topmost banks, has announced a 40 per cent pay cut while also
\nslashing the salaries of his over 30,000 workforce.Wigwe said the pay slash has become necessary in view of the global
\neconomic meltdown caused by the Coronavirus pandemic.<\/p>\n

\u201cThe pay cut will ensure that there are no job losses, while we continue
\nto keep our obligations to our employees and customers worldwide.\u201d<\/p>\n

He said the Bank has no intention of sacking workers but would rather
\nurge employees to take pay cuts so as to keep costs down as the pandemic
\ncontinues to disrupt the global economy.<\/p>\n

Beginning May 1, 2020, employees of Access Bank, will take a pay cut as
\nthe coronavirus hampers economic activity in the country.<\/p>\n

Businesses globally are losing money as a result of the pandemic.
\nAmerican Airline lost $2.2billion, while Delta Airline and Southwest
\nAirline lost $534million and $94million respectively.<\/p>\n

In Nigeria, top companies are either sacking, or slashing salaries to
\nkeep costs down as the coronavirus pandemic continues to disrupt global
\ntrade and commerce.<\/p>\n<\/div>\n<\/div>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Herbert Wigwe, the Chief Executive Officer, CEO, of Access Bank, one of Nigeria\u2019s topmost banks, has announced a 40 per cent pay cut while also slashing the salaries of his…<\/p>\n","protected":false},"author":1,"featured_media":73147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-73140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"\nCOVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Herbert Wigwe, the Chief Executive Officer, CEO, of Access Bank, one of Nigeria\u2019s topmost banks, has announced a 40 per cent pay cut while also slashing the salaries of his…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-01T14:39:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-01T16:31:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries\",\"datePublished\":\"2020-05-01T14:39:42+00:00\",\"dateModified\":\"2020-05-01T16:31:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/\"},\"wordCount\":192,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg\",\"articleSection\":[\"Exclusive\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/\",\"name\":\"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries - Pointblank News\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg\",\"datePublished\":\"2020-05-01T14:39:42+00:00\",\"dateModified\":\"2020-05-01T16:31:51+00:00\",\"author\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"breadcrumb\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#primaryimage\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg\",\"contentUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pointblanknews.com\/pbn\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/\",\"name\":\"Pointblank News\",\"description\":\"Just the news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\",\"name\":\"Our Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"caption\":\"Our Reporter\"},\"url\":\"https:\/\/pointblanknews.com\/pbn\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries - Pointblank News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/","og_locale":"en_US","og_type":"article","og_title":"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries - Pointblank News","og_description":"Herbert Wigwe, the Chief Executive Officer, CEO, of Access Bank, one of Nigeria\u2019s topmost banks, has announced a 40 per cent pay cut while also slashing the salaries of his…","og_url":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/","og_site_name":"Pointblank News","article_published_time":"2020-05-01T14:39:42+00:00","article_modified_time":"2020-05-01T16:31:51+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg","type":"image\/jpeg"}],"author":"Our Reporter","twitter_misc":{"Written by":"Our Reporter","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#article","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/"},"author":{"name":"Our Reporter","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"headline":"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries","datePublished":"2020-05-01T14:39:42+00:00","dateModified":"2020-05-01T16:31:51+00:00","mainEntityOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/"},"wordCount":192,"commentCount":0,"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg","articleSection":["Exclusive"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/","url":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/","name":"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries - Pointblank News","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#primaryimage"},"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg","datePublished":"2020-05-01T14:39:42+00:00","dateModified":"2020-05-01T16:31:51+00:00","author":{"@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"breadcrumb":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#primaryimage","url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg","contentUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2020\/05\/YTTktkpTURBXy9jMDJjNzg3MTQzNTA4ZWUwZjQ3M2FjYmIzMGVmM2U4ZS5qcGeSlQMAAM0D080CJ5MFzQSwzQJ2-1.jpg","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/covid-19-wigwe-access-bank-ceo-takes-40-pay-cut-slashes-workers-salaries\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pointblanknews.com\/pbn\/"},{"@type":"ListItem","position":2,"name":"COVID-19: Wigwe, Access Bank CEO Takes 40% Pay Cut, Slashes Workers Salaries"}]},{"@type":"WebSite","@id":"https:\/\/pointblanknews.com\/pbn\/#website","url":"https:\/\/pointblanknews.com\/pbn\/","name":"Pointblank News","description":"Just the news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c","name":"Our Reporter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","caption":"Our Reporter"},"url":"https:\/\/pointblanknews.com\/pbn\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/73140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/comments?post=73140"}],"version-history":[{"count":0,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/73140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media\/73147"}],"wp:attachment":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media?parent=73140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/categories?post=73140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/tags?post=73140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}