Kenya’s second-largest retailer Tuskys has fired hundreds of employees as part of its strategy to stay afloat besides having announced receiving Ksh 500 million to cover its immediate working capital requirements.
According to sources, in a letter addressed to the affected employees, Tuskys Human Resources General Manager Francis Kimani said the company will abide to labour laws including accrued leave days and severance pay.
“Due to the ongoing business realignments, Tusker Mattresses Limited hereby informs you that it will no longer continue to offer you employment and will terminate your employment contract with effect from September 22,” the letter reads in part.
“Please note you will be paid notice in lieu, any unutilised annual leave days and severance pay. Ensure that you return to the branch manager all company property that you have or for which you were responsible during the course of your employment and get a clearance letter from him/her,” reads one of the termination letter copied to the Ministry of Labour and the Kenya Union of Commercial Food and Allied Workers (Kucfaw).
“Arrange to collect your terminal dues from the Human Resources Office on February 13, 2021.”
Unfortunately, terminal dues, the retailer said, will be paid out on February 13, 2021.
Tuskys has been on record stating that its Ksh200 million monthly wage bill became indefensible due to economic effects brought about by the coronavirus pandemic.
