Mediamax is seeking to cut off another bunch of employees just months after it sacked over 150 of its staff.
In a letter sent to the County Labour Office, the top management says the covid-19 pandemic has dried their financial taps and chopping off some employees is inevitable as the company seeks an immediate way out of the financial turmoil.
“…owing to the ongoing covid-19 pandemic, that has had adverse effects on its revenue streams, it shall reorganize its staff structure and abolish some positions as part of its cost optimization,” part of the letter reads.
Recently, the company landed a hammer blow of a mandatory 50% pay cut on all employees and now hell seems to have broken loose.
The letter dated May 21, 2020 and signed by acting Chief Executive Officer Ken Nguruiya goes on to say:
“………the services of some of its employees will be rendered superfluous thereby necessitating the termination of their employment on account of redundancy….”
Mediamax owns a number of a number of news outlets among them K24 TV, Kameme TV, Milele FM, Kameme FM, People Daily Newspaper, Emoo FM, Meru FM, Maa FM and Msenangu FM.
It is however not clear yet which outlet or department will be subjected to the chopping board.
In August 2019, the company laid off 150 of its staff, and just recently the Groups Editor-in-Chief Peter Opondo resigned citing frustrations at DSM place.