– Hundreds of Kenyans have lost jobs in recent months after employers closed shop or downsized
– SportPesa and Betin were the latest to lay off staff citing hostile business environment
– A section of Kenyans blamed the Jubilee government for the mass retrenchments
President Uhuru Kenyatta’s administration has come under scathing attack in the wake of mass layoffs following exit of major companies from the Kenyan market.
Kenyans who could not stay silent anymore on Thursday, October 3, trooped to social media to express their rage after hundreds were rendered jobless at a time when the country is grappling with high rate of youth unemployment
The social media uproar erupted following reports that betting giant Sportpesa, which just recently announced it was closing shop in Kenya due to a hostile regulatory environment, fired 400 of its local employees.
“So today (Wednesday) SportPesa management had to tell its staff what has been the inevitable for the last three months. The centre can’t hold any longer. Massive grief seeing this entire team rendered jobless by ridiculous policies of our beloved government,” tweeted one Tom Bwana under the hashtag #SaveMyJob.
In a related new, yet another betting firm Betin had dispatched a notice of termination to all its staff saying the company had not been in business since July 2019 after the government refused to renew its licence, making it impossible to maintain the workforce.
“As a result of the deterioration of the profitability, the management has had to rethink its operational model and to proceed with the exercise of termination on account of redundancy. We hereby notify you that positions will be rendered redundant on October 31, 2019,” the firm said.
The depressing news from SportPesa and Betin and several other local companies which had also indicated they were planning to send packing their employees in radical downsizing decisions got Kenyans talking, and most of them had no kind words for the Jubilee government.
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