Unga Group Set To Fire 50 Employees To Cut On Costs

By Juma / Published December 1, 2023 | 10:01 am




KEY POINTS

The announcement by Unga Group comes a few days after the Federation of Kenyan Employers announced that at least 70,000 Kenyans had lost their jobs in less than one year due to high taxes and poor government policies that are hitting hard on businesses.


Unga Group

As the Kenyan economy continues to struggle, with so many companies struggling to meet their obligations, many have opted to fire employees, the latest being Unga Group.

Unga Group has issued a redundancy notice saying that at least 50 employees will be shown the door and that that decision is not going back if the business wants to survive.

“Our sales, particularly for the Unga Limited business have been below budget consistently, resulting in low capacity utilization and high fixed costs that are no longer sustainable,” said the company in a notice.

Read Also: Ruto’s Leadership Style Has Given Birth To Transactional Democracy Which Has Given The Crime Syndicate An Opportunity To Govern Kenya

The announcement by Unga Group comes a few days after the Federation of Kenyan Employers announced that at least 70,000 Kenyans had lost their jobs in less than one year due to high taxes and poor government policies that are hitting hard on businesses.

“We are anticipating compulsory redundancies that will affect a maximum of 50 employees in different locations and departments,” added the company.

President William Ruto has downplayed job losses around the country saying that instead, his government has created at least 120,000 jobs at Mjengo sites in the ongoing affordable housing projects. Jokes of the year but we move on.

Read Also: The Big Noise In William Ruto’s Cabinet As CSs Pull In Different Directions

Here is the statement from Unga Group:

Unga Group

Read Also: PMI Contracts As Businesses Suspend Employment To Cut On Spending




About Juma

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

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