The Postal Corporation of Kenya (PCK) is set to lay off 504 employees in February 2024 as the state owned corporation cuts costs in the wake of shrinking cash flows.
This is set to leave the state corporation with 1,860 staff on its payroll and is set to lower its expenditure on salaries to ksh 70 million up from ksh 122 million.
This follows an approval by the Information Communication and Technology (ICT) Ministry that has since given it a green light for the implementation of the process.
“We will be sending home 504 workers in February next year. The plan has been approved by our parent ministry,” said PCK’s Postmaster-General and Chief Executive Officer John Tonui in an interview with a local daily.
The cash strapped agency has recently seen some of its workers down their tools over delayed salaries as woes bedeviling it continue to deepen.
It has previously carried out a series of retrenchments in what has been largely attributed to a business on its knees in the face of unmatched competition from digitization making its primary business of sending letters and mails redundant.
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