The Bank of Ghana has reportedly concluded a staff review exercise following the probation period for some newly recruited employees. While the central bank is yet to issue an official statement, letters believed to be termination notices have surfaced online, sparking public discussion and speculation.
According to sources close to the Bank, the exercise was part of routine human resource procedures and not a mass dismissal as widely claimed on social media.
Some earlier reports alleged that all staff employed in 2024 had been laid off, but insiders have firmly denied this, clarifying that the review was limited to staff who were still on probation.
“This is a standard part of the onboarding and evaluation process,” according to a close source.
The lack of an official statement has fueled speculation, but those familiar with the matter say the Bank followed due process in its internal review, which included performance-based assessments and probation evaluations.
The move is said to align with efforts to maintain professional standards and operational efficiency within the institution.
Meanwhile, labour analysts and the general public are calling on the Bank of Ghana to address the concerns openly and provide clarity to forestall further misinformation.
As the situation develops, stakeholders await a formal response from the central bank to confirm the scope and outcome of the review process.