Business Daily | by Victor Juma
Standard Chartered Bank Kenya is laying off 200 employees or 14.3 percent of its workforce as the Covid-19 pandemic continues to ravage bankers’ profits.
The bank says its digital transformation strategy that started in 2016 has necessitated a restructuring of its workforce, leading to elimination of some roles.
Jobs will be cut across management and unionisable staff, according to a brief sent to the Banking Insurance & Finance Union and seen by the Business Daily…
