Business Daily | by Victor Juma
Insurance group Britam Holdings is set to retrench up to 130 employees, mostly in its Kenyan operations in a process that could cost it up to Sh700 million.
This is the second wave of layoffs at the company, which spent Sh664 million to let go of 110 employees in 2018.
The new retrenchment kicked off on February 26 and will run until the end of May, featuring a voluntary early retirement (VER) programme and the elimination of some roles, including 10 top executive positions…
