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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
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Layoffs by Kenyan firms rose to the highest in about 10 years in November as companies tried to contain the cost of operations in the face of reduced demand from consumers, who are grappling with the high cost of living and reduced earnings.
A new survey further shows that formal sector companies have been reducing jobs for three months consecutively, with layoffs in November being the worst in years.
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