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Redundancy plans at the East African Portland Cement has entered the final phase with 270 employees to be affected. The aim of the last phase will involve the conversion of all permanent staff to contract terms as the company deals with the economic repercussions of the coronavirus pandemic.
Speaking during a consultative meeting with the permanent staff, the acting MD Stephen Nthei said the strategic objective is to reduce administrative costs as outlined in the turnaround strategy adopted by the board and to comply with regulations outlined by the State Corporations Advisory Committee.
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