Five hundred people are set to be rendered jobless in coming months at Telkom, Kenya’s third largest mobile phone services operator by market share.
This is after the telco issued a thirty-day notice to relevant authorities and company stakeholders on October 26 informing them of what the company describes as an intended workforce-restructuring exercise.
In the statutory notification to the Ministry of Labour, Telkom Kenya indicated that it is considering declaring the employees redundant to enable it invest more into the growth and sustainability of its business
“The company 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,” read a statement to newsrooms from Telkom.
Telkom Kenya, the statement said, it is adapting to market dynamics and changing consumer demands to ensure that it delivers relevant and competitive products and services.