G4S Kenya to Lay Off 400 employees due to economic challenges

Date:

G4S Kenya has announced plans to lay off approximately 400 employees due to ongoing economic difficulties that have impacted its business operations.

In a redundancy notice dated November 4, 2024, the company informed the Ministry of Labour of its intention to declare about 400 positions redundant as part of efforts to cope with reduced revenue and the rising cost of running the business.

“Due to the ongoing decline in business activity resulting from the harsh economic conditions, which have led to a reduction in revenue and increased operational costs, we regret to inform the Ministry of Labour and Social Protection of our intention to declare several positions redundant,” the company said in the notice.

The letter, which is in compliance with the Employment Act, 2007 Section 40 (1), takes effect from November 4, 2024, officially marking the start of the redundancy process.

While acknowledging the difficult decision, G4S Kenya stressed its continued commitment to the Kenyan market despite the economic challenges.

“G4S Kenya Limited remains fully committed to the Kenyan market. We are focused on implementing strategies that will protect jobs for our employees while ensuring continued positive performance for the business,” the company stated.

G4S also assured that it would fully adhere to the legal requirements set out in the Employment Act regarding the redundancy process, ensuring that all affected employees receive the necessary legal entitlements.

“We wish to assure the Ministry that we will comply with all minimum legal requirements as stipulated for this type of action,” the company added in its statement.

Vincent Kiprop
Vincent Kiprop
The alchemist of literary works – a versatile and creative journalist with a keen interest in politics, sports, education, international affairs, and entertainment. He can be reached at [email protected]

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