Defying a directive (or request, depending on whose point of view you take) from Kenya's Prime Minister Raila Odinga, to cease its planned redundancy drive, Kenya Airways (KQ) today announced the successful completion of its Staff Rationalization programme with 126 employees choosing the early retirement option whilst another 454 were made redundant.
Thursday, September 6, 2012
Monday, September 3, 2012
■ KENYA: Kenya Airways Layoffs Debacle takes new twist after revelations KQ execs were awarded 25% payrises over the last year.
Quite a few eyebrows were raised in Nairobi during the presentation last week of Kenya Airways' (KQ) annual report in which it was revealed that executives' wages at the airline had risen by almost 25% over the last year; a development that comes at a time when the airline is facing protracted legal battles and now even Prime Ministerial condemnation over plans to lay off (or as KQ would prefer, "outsource") 650 'excess' employees cited by the company as being amongst the causes for their 57% slump in profits last year.