Following the Bank of Ceylon’s record-breaking annual income of Rs.107 billion last year, employees have launched a strike in protest against the Ministry of Finance’s decision to withhold performance bonuses approved by the bank’s management for staff.
Accordingly, as of 10:30 a.m. today, Bank of Ceylon employees withdrew from their regular duties and have also decided to step away from daily work operations from 12:30 p.m. onwards.
In addition, if no favorable resolution is provided, the Bank of Ceylon Employees’ Union and the Joint Federation of Trade Unions of the Bank have announced that workers are prepared to escalate to a daily strike starting next week.
