A company sacks 800 staff

East African Portland Cement Company (EAPCC) has declared redundant all its 800 employees, setting the stage for a leaner workforce with an eye on trimming the company’s bloated wage bill.Acting EAPCC managing director Stephen Nthei Thursday said the sacked employees’ roles will be merged and salaries reduced to keep the struggling cement maker afloat.

“We have a workforce whose total cost, compared to the productivity, is very high. Our target is to operate with less than 600 people earning less than what they are earning now,” said Mr Nthei.

Employees who successfully reapply for their jobs will be expected to take a 40 percent cut on their previous wages. Source Business Daily