More Kenyan companies lay off employees

Illustration: Rediff Business

Kenyan companies continue to lay off employees as they try to remain afloat following the difficult economic environment.

Most are offering employees early retirement packages or if push comes to shove, just declare them redundant. Here are the numbers in the last one year:

Britam Holdings – 100 employees

Barclays Bank of Kenya:   323 employees

National Bank of Kenya – 150 employees

Family Bank – 150 employees

First Community Bank – 106 employees

Equity Bank –  400 employees

Standard Chartered Bank – 300 employees

Sidian Bank – 108 empoyees

NIC Bank – 32 employees


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