Sri Lanka central bank to cut staff by one-third

SRI LANKA - Sri Lanka's central bank said on Thursday it was shedding one-third of its staff under a restructuring scheme funded by the World Bank.

A voluntary severance scheme designed to trim a bloated workforce had been accepted by 687 of the central bank's 1,900 employees, a senior bank official told Reuters news service. "Around one-third of the staff have accepted the scheme," the official said.

Sri Lanka currently lies in 86th place on Central Banking Publications' rank of employee to p

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: