Telkom Kenya to lay off 500 employees in fresh retrenchment wave

NAIROBI: About 500 employees of Telkom Kenya will lose their jobs in a new round of retrenchments that will see the mobile company send home over a third of its current work force.

The mobile company said Thursday it had notified relevant authorities and company stakeholders of an 'intended workforce-rationalisation plan.' "In the statutory notification to the Ministry of Labour, Telkom Kenya has indicated that this exercise, intended for implementation in the first quarter of 2016, will affect about 500 employees from its 1,600-strong workforce," the company said in a statement.