Business Daily | by Edna Mwenda
Standard Chartered Bank Kenya spent Sh214 million to lay off staff in the year ended December when it parted ways with 160 employees.
The redundancy costs dropped from Sh1.3 billion the year before when its staff count stood at 1,280.
The bank’s workforce dropped to 1,120 in the review period, according to disclosures in its latest annual report. The job cuts were witnessed across unionisable and management ranks…
