
Kenya: Tullow Oil Kenya To Lay Off Some Its Workers
Nairobi — Tullow Oil Kenya has announced plans to cut a third of its staff to save on administrative costs.
“The company has had to review and assess its financial performance and business operations to ensure resources are allocated in the most efficient way possible and to ensure that the current structure of Tullow is meeting the demands of the business effectively,” said the firm’s Managing Director for its Kenyan subsidiary Martin Mbogo said in an internal memo.
“These factors have significantly affected the ability of Tullow Oil Kenya to continue sustaining the high human resource wage bill. Reluctantly, it …