Standard Group Employees – Young And Old – Scramble For Voluntary Early Retirement Offer

Standard Group, grappling with self-inflicted financial woes, has offered its staff the option of voluntary early retirement as a way to cut costs...

Record Loss Pushes Standard Group To The Brink

The Standard, had its loss balloon to Ksh1 billion for the period ending December 2022, from just Ksh22 million in 2021. It's the...

Barely a month after laying off staff, Kenya’s leading media is finally executing what it has been singing for over the past five...

The decision to implement the waiver was reached during a Special Council Meeting on Friday 5th June, 2020 where the governing body of...

Turnover dropped 14% to at Ksh4.1 billion in 2019 compared to Ksh4.8 billion in 2018 due to a decline in performance across key...

Mutuma said in the circular the editorial department had prepared a schedule for working from home, office or taking leave.

Covid-19 appears to have given RMS a perfect opportunity to implement cost-cutting options it has been toying with over the past few months.

NMG, Kenya’s leading media house, has been forced to cut costs by reducing its payroll to remain afloat in a fledgling media industry.

The retrenchment is aimed at cutting its costs in the face of reduced circulation and advertising revenues.