NAIROBI, Kenya, Aug 1 – Telkom Kenya has refuted claims that it will fire as many 575 staff members, after a memo purported to be from the firm circulated Wednesday claiming the layoffs.
Enterprise Division Managing Director Kris Senanu admitted there will be terminations of employment but did not reveal the number.
“In the next two weeks, we will confirm the number of people we will be letting go, but it will not be 575,” Senanu said.
The plans come ahead of the proposed merger with Airtel Kenya.
UK based Investment partners Helios owns the majority stake – 60 percent – of the country’s third largest telco, while the government of Kenya owns 40 percent.