The road to redundancy must be fair, transparent and humane

An employee receives a redundancy letter from Human Resources Manager. [iStock]

Like many other countries, Kenya has been experiencing a cost of living crisis, record-high inflation and the looming threat of a recession. During a recession, the economy slows down, forcing businesses to investigate ways to stay afloat. Oftentimes, this includes cost and staff reduction plans like retrenchments and redundancy.

Sadly, in the coming years, we must expect more businesses embarking on restructuring considering all the macroeconomic stresses we all face. But it needs to be done right.