Search This Blog

Saturday, June 27, 2015

AIRTEL EXIT RUMOURS AS SACKINGS CONTINUE

Airtel continued to send staff packing from its Parkside Towers even as rumours emerge that it is seeking a buyer for its African business.

Sources indicate that a number of people on Thursday and Friday this week got their letters and severance packages with the group looking to reduce redundant or unwarranted staff.

Both Kenyan as well as foreign workers are affected.

The purge has affected partners such as IBM who are also said to be downscaling the size of their staff in line with their client.

Airtel has struggled to turn a profit in the African market and is now said to be looking at the option of either selling the entire African operation to one entity or to dispose of separate country businesses to different buyers.

In Kenya the company has been outmatched in investing in its network by rival Safaricom and has struggled to retain subscribers.

Weak marketing staff and strategies have also been its undoing.

Its staff frequently complain it has not invested in modern IT systems and products such as Airtel Money have not been pushed hard enough.

Airtel's footprint in Africa includes Burkina Faso, Chad, Democratic Republic of the Congo, and Republic of the Congo, Gabon, Ghana, Kenya, Malawi, Madagascar, Niger, Nigeria, Rwanda, Seychelles, Sierra Leone, Tanzania, Uganda and Zambia.

No comments:

Post a Comment