Sacked K24 Employees Finally Laugh All The Way to The Bank

After days of waiting for the company to release their lay off dues, finally, the money was transferred into the former employees' accounts.

According to a source who spoke to Kenyans.co.ke, money started trickling into their accounts on November 14 early in the morning, something that put to an end the long wait by the over 160 employees.

According to the insider, the company was under pressure to compensate the workers after the layoff that happened on October 30, 2019.

The payments have been done after days of waiting, given they had been told the payment would have been done two days after they were sacked.

The layoff process affected all departments in the company, the worst hit being editorial departments of K24 TV, Kameme TV, People Daily newspaper and Kameme FM.

Some of the big names that fell from the DSM Place-based media house include Business Editor Tony Timase, Sports Editor Torome Tirike, Senior Reporters Franklin Macharia and Andas Ihachi, anchors Juma Bhalo and Mwanaisha Chidzuga.

The station's executives resorted to the move, explaining that it was repositioning itself in the wake of the prevailing economic downturn and loss of major revenue streams.

The layoff exercise took place immediately after the coming in of the new Chief Executive Officer Ken Ngaruiya taking over from former CEO Ian Fernandes who left on July 14 citing personal interests.

The company continues to undertake various measures with the aim of increasing profitability and reducing expenses at a moment when Media companies have been facing hard economic times and much competition from rival stations that continue to grow in number.