Tuskys has hit a new low after employees resorted to taking matters into their own hands quite literally and paid themselves from cash tills after drawing the conclusion that they might never get their salaries on current trajectory.
Senior employees such as branch managers are leading the charge by paying themselves while dipping into the inventory and walking away with as much as they can amass.
The retailer’s chief cashiers at Greenspan, Kenyatta Avenue, Matasia, T-Mall, Imara, Ongata Rongai and Eldoret have resigned while taking with them cash from daily sales.
A cashier posted at one of the retailer’s branch in Eldoret resigned in a huff having taken as much as he could from the supermarket’s till.
“I have just decided to reduce my unpaid salary and paid myself ninety thousand shillings. In case anyone has an issue, kindly deduct this from my salary,” read part of the resignation letter written on November 1 and addressed to the company’s Human Resource office.
This comes even as Tuskys top management plans to hold fire-fighting meetings with its creditors ahead of a crucial High Court ruling on November 17, 2020.
The retailer is hinging its hopes on a proposed turnaround plan which is dependent on the retailer securing a Ksh.2.1 billion debt facility from an offshore Mauritius based private fund.
Shutting Down Branches
Meanwhile, the retailer continues to shut down branches over a myriad of reasons including piled up rent arrears and inability to sustain them.
Last week, the retailer shut down Tuskys Pioneer on Moi Avenue Street in Nairobi, Adams Arcade branch on Ngong Road, and its Kitengela store located two kilometres from Namanga.
This was a week after the retailer shut down its Ronald Ngala branch in the Nairobi Central Business District and two days after the retailer closed its Shiloah branch in Kakamega indefinitely.
