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G4S Kenya has announced plans to lay off about 400 employees as it grapples with ongoing economic difficulties.
In a letter dated November 4, the company informed the Ministry of Labour of its decision to declare approximately 400 positions redundant, citing the severe impact of the current economic climate on its operations.
The company, a key player in the security and logistics industries, attributed the move to declining revenue and rising operational costs, which have made it increasingly challenging to sustain its business.
“Due to a reduction in business activity caused by the tough economic conditions, which have led to decreased revenue and high operational expenses, we regret to notify the Ministry of Labour and Social Protection of our intention to declare multiple positions redundant,” the notice stated.
The layoffs will affect staff across various locations in Kenya, including both management and unionized employees. The process is expected to occur gradually between November 2024 and April 2025.
“This notice serves as an official redundancy notice in line with Section 40 (1) of the Employment Act, 2007, effective from November 4, 2024,” the company added.
Despite the tough circumstances, G4S Kenya reiterated its commitment to the Kenyan market and its intent to find solutions that balance employee retention with the company’s financial stability.
“G4S Kenya Limited remains fully dedicated to the Kenyan market, and we are determined to implement strategies that will help retain jobs while ensuring the business stays viable,” the company said.
G4S also assured that it would fully comply with all legal requirements related to the redundancy process, as stipulated by the Employment Act.
The announcement comes amid widespread economic pressures affecting businesses across the country.
