Telkom Kenya to sack 500 staff in another painful retrenchment exercise

October 26, 2018 Newsroom

Telkom Kenya has today issued the requisite thirty-day notice to relevant authorities and company stakeholders, of an intended workforce-restructuring exercise. In the statutory notice to the Ministry of Labour, Telkom Kenya has indicated that it is considering declaring about 500 employees, redundant.

Since 2016, Telkom has successfully rebranded, invested KSh 14 Billion into its business to expand its network coverage, launched 4G services and its MFS platform, T-kash. Telkom has initiated a revamped strategy to become the credible number two; The Challenger in the market.

To enable Telkom to invest more into the growth and sustainability of its business, 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.

Telkom being in a fast-evolving sector is adapting to market dynamics and changing consumer demands, to ensure that it delivers relevant and competitive products and services. This will also ensure that Telkom becomes a stronger player in the market and grows its relationship with its business partners.