By PATRICK KIMANZI (Adapted)
Tullow Oil Kenya, the franchise to British-based oil explorer Tullow has issued a redundancy notice with respect to its staff members in Kenya, signalling massive job losses at the firm.
In an internal memo released to the media and seen by COUNTY DIARY the firm has pinned the expected job cuts to it’s worsening financial position.
“These factors have significantly affected the ability of the company to continue sustaining the high human resource wage bill. Resultantly, it is now inevitable that there may be job losses and redundancies at all levels and cadres of our organization,” read part of the memo undersigned by Tullow Kenya Managing Director Martin Mbogo.
The explorer has announced plans to fire some of its 650 staff, COUNTY DIARY has learnt.
The company has been facing an unprecedented working environment in Kenya.
According to media reports, the Oil company will be reducing the working force.
More to follow.