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    A Diary of Job Losses Company Closures in 2019

    Mwakaneno
    By Mwakaneno Gakweli
    - January 02, 2020
    - January 02, 2020
    Kenya Business news
    A Diary of Job Losses Company Closures in 2019

    This is a running diary of reported job losses and firms that have shut down their business in Kenya in the year 2019.

    The article is updated periodically.

    August 1st : EABL to lay off 100 staff in a restructuring plan

    August 1st : Telkom Kenya to terminate the employment of 575 employees

    August 7th : Stanbic Bank Kenya to lay off 255 workers

    August 9th : EA Portland Cement undertakes a massive restructuring exercise

    September 18th : Andela restructuring leads to 400 job cuts across Kenya, Uganda and Nigeria

    September 19th: Kenya’s Mobicom retrenches 800 staff

    September 23rd : Portland Cement fires 136 managers and supervisors

    September 27th : Sanlam Kenya Unveils an Early Retirement Plan for Its Employees

    September 29th : Sportpesa Calls it Quits, Blames Kenya’s High Taxation

    September 30th : Betin Sends all Staff Home After Closing Operations

    October 1st : Ola Energy to fire workers as global boss visits Nairobi

    October 2nd : Fear of job losses as Moi University restructures

    October 4th: SportPesa fires Kenya staff, pushing job losses to 800

    October 8th: More layoffs: Securex to let go of 222 workers

    October 21st : Finlay Kenya Shuts Down Two Flower Farms Over Decreasing Demand

    October 30th: Mediamax Lays off 150 Employees

    November 6th: Mumias Sends all Employees Packing

    November 17th: Simba Corp Restructuring To Affect Less than 5% of Staff

    November 19th 2019: Radio Africa Group Issues Notice of Intended Redundancies

    November 27th 2019: Nakumatt Kisumu Gets 7 Day Notice to Clear Workers’ Arrears

    November 28th 2019: More Job Losses as Choppies Closes its Kisumu Branches

    December 2nd 2019 : Governor Samboja sends over 1000 staff packing

    Last Updated: 2nd December 2019

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
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