× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Telkom Kenya to sack 500 employees in a new strategy

By Standard Reporter | October 26th 2018

NAIROBI, KENYA: Telkom Kenya has issued a 30-day notice to relevant authorities and company stakeholders on its plan to lay off 500 employees.

Since 2016, Telkom has rebranded, invested Sh14 billion into its business to expand its network coverage, launched 4G services and its MFS platform, T-kash.

To enable the company to invest more into the growth and sustainability of its business, it said it must align its cost structure and skill-set with its strategy. “This requires Telkom to restructure its business, and as a result, this will impact the current and long-term needs of its workforce. This restructuring will enable Telkom to not only invest in its business but more importantly in its people,” said the company in a statement to newsroom.

Telkom is adapting to market dynamics and changing consumer demands, to ensure that it delivers relevant and competitive products and services.

The strategy will also ensure that Telkom becomes a stronger player in the market and grows its relationship with its business partners.

Share this story
Chinese company wins tender to build Africa's tallest tower in Kenya
Hass Group has announced that it has signed a Sh 20 billion agreement with China State Construction Engineering Corporation (CSCEC) to construct the tallest building in Africa.
Property developers ride on holiday homes wave
Short-term rents such as Airbnb have become popular with buyers who don’t reside in the houses throughout the year.