Massive layoffs cry off Jubilee's one million jobs per year promise : The Standard - News Summed Up

Massive layoffs cry off Jubilee's one million jobs per year promise : The Standard


Massive layoffs cry off Jubilee's one million jobs per year promisePresident Uhuru Kenyatta and his deputy William Ruto. In 2018, 1,800 workers from the company lost their jobs under similar circumstances. Recently, more than 400 Kenyans lost their jobs after betting firms SportPesa and BetIn shut down their operations citing harsh taxation by the government. Nakumatt had several problems that led to its slow death but tax issues and mounting debts were the major ones. Many Kenyans' jobs are still at risk and the layoffs feared to be far from over especially at a digital age where companies are in a scary roller-coaster ride, struggling with revenue and loss of market.


Source: Standard Digital October 22, 2019 07:18 UTC



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