retrenchment

18 Articles
Standard Group layoff news
FEATURED STORY

Standard Group Kicks Out Senior Journalists In Game-Changing Lay-Off

After two or so months of dithering, the Standard Group media company has kicked off its restructuring exercise, with a number of senior...

NMG CEO Stephen Gitagama
MEDIA

Bad News Calls: NMG Marks Employees to be Fired

NMG says it has put in place arrangements to provide the necessary support for exiting staff to manage this difficult transition.

Kenya shilling notes Kenya www.businesstoday.co.ke
MEDIA

Broke Mediamax Offers Sacked Employees Outrageous Payment Plan

The proposal has caused a stalemate between management and retrenched staff some of whom have declined to sign redundancy letters.

DSM Place, the head offices of Mediamax Network Ltd. The media company has announced plans to retrench staff www.businesstoday.co.ke
MEDIA

More Heads to Roll as Mediamax Unveils Fresh Layoff Exercise

Affected employees will be given one month's notice or alternatively paid one month' s salary in lieu of notice and severance pay at...

CAREERS

Why you’d rather resign than be retrenched

Gone are the days when employees worked under permanent and pensionable terms which were terminated on retirement. From the turn of the new...

FEATURED STORY

SABC on verge of collapse, seeks to retrench journalists

Directors say the South African public service broadcaster had on Tuesday approached the labour arbitration agency to retrench 981 of its 3,370 staffers

LEADERSHIP

Onboarding; not induction: Welcome new staff members in style

Research and conventional wisdom suggest that employees get about 90 days to prove themselves in a new job and so employers must give...

FEATURED STORY

Banks rendered 1,620 workers jobless in 2017

During the same period, 39 branches were closed with Bank of Africa closing the most branches at 12 followed by Eco Bank at...

FEATURED STORY

300 employees targeted for lay-off move to court

KVDA says sackings aimed at improving service delivery and streamlining recurrent expenditure at the state agency