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Tag - Mastercard Foundation

Dismissed Equity Bank employees claim the lender is using scholarship programmes backed by the Mastercard Foundation as a low-cost hiring pipeline while cutting long-serving staff.

Dismissed Staff Cry Foul as Layoffs at Equity Bank Coincide With Surge in Graduate Hires From Scholarship Programmes

August 13, 2025 - 18:35

Recent mass firings at regional lender Equity Bank, particularly within its Kenyan operations, have once again triggered a fresh wave of criticism from former employees...