Standard Media Group is set to retrench its employees according to an internal memo dated Friday, September 30, addressed to the staff. The media company explained that the move to declare some of its employees redundant was necessitated by the state of the economy. Standard, which manages Kenya Television Network (KTN) Home, KTN News and Spice FM, explained that it was also adapting to the changing media space that is embracing technology. "I wish to notify all members of staff of the company's intention to declare redundancy across various departments. The mass firing announcement comes nearly a year after the media house launched a new, ultramodern converged newsroom, breaking away from the pack and into the digital future.

Source: Standard Digital October 02, 2022 04:24 UTC