The HSBC Bank has been accused by the banking sector union of abusing the concept and application of the voluntary separation scheme (VSS) designed to cut down staffing.
National Union of Bank Employees (NUBE) general secretary J Solomon said the bank has offered its employees the VSS many more times than any other bank within the last few years.
"Other banks such as Maybank, Bumiputera-Commerce Bank, Affin Bank, RHB Bank and Overseas Union Bank have only done so once in the last five years," he said when contacted today.