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Zain Ke Retrenches 141 staff members.
Landrover
#1 Posted : Monday, March 30, 2009 11:27:00 AM
Rank: Member


Joined: 3/30/2009
Posts: 2
Zain Ke Retrenches 141 staff members.
Gordon Gekko
#2 Posted : Monday, March 30, 2009 11:33:00 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
You registered today. Anyway it is always sad when one is retrenched. What were the retrenchees for zain?
McReggae
#3 Posted : Monday, March 30, 2009 11:54:00 AM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
They employed a friend of mine last week,wat a paradox!!!!

Make money.....then you will enjoy all the fine things in life!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
mdosi
#4 Posted : Monday, March 30, 2009 12:16:00 PM
Rank: Member


Joined: 2/1/2007
Posts: 112
Location: Nairobi
After the sh7.1 billion loss,it looked quite obvious that it was going to happen.

If you are still excited from yesterday's achievements,then today you have not achieved anything.
It's amazing what you can achieve when you get rid of fear.
Blackberry
#5 Posted : Monday, March 30, 2009 12:18:00 PM
Rank: Member


Joined: 11/9/2007
Posts: 420
Location: Nairobi
na mostly engineers who have served longest...Wavuke YU?

Opinion is free, truth is sacred.




ayub
#6 Posted : Monday, March 30, 2009 12:59:00 PM
Rank: Member


Joined: 2/21/2008
Posts: 7
@Landrover

Since you seem to be an insider,maybe you should enlighten us whether the retrenched staff were paid their dues as the case should be????????????????????
Landrover
#7 Posted : Monday, March 30, 2009 1:12:00 PM
Rank: Member


Joined: 3/30/2009
Posts: 2
Jus have a buddy who got affected. She told me that they were given 3months salo plus one month salary for every year worked. Some airtime,Also a counselor at Aga khan to offer services to them.
kivairu
#8 Posted : Monday, March 30, 2009 1:20:00 PM
Rank: Member


Joined: 3/5/2008
Posts: 532
Location: Nairobi
Sad stuff! i'm a loyal zain subsriber ...hope zain wont sink...or pull a GTV stunt .all the same 7.1B loss is not a joke. The renntrenched dudes can now 'vuka' to yu...or go biz wise.in this tuff econmic times u cant afford to buy too much time bila deciding very very fast.

Fear not says the Lord

Strive not to be a success, but rather to be of value. –Albert Einstein.
Mkimwa
#9 Posted : Monday, March 30, 2009 2:12:00 PM
Rank: Member


Joined: 10/26/2008
Posts: 380
Apparently its not only Zain ke retrenching.. I have buddies from Zain Zambia,Congo and Ug who are on the hot seat - trying to guess whether they are on the list or not..

I think its a directive from bahrain to cut costs,and lay off...

So those who were arguing that Telecommunication sector,moreso in Africa will not be affected by the recession - here is the answer.

On another note,does this reflect the presence of economic recession in Kenya?
McReggae
#10 Posted : Monday, March 30, 2009 2:21:00 PM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
and safcom has suspended hiring of any new staff!!!!

Make money.....then you will enjoy all the fine things in life!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
Seles83
#11 Posted : Monday, March 30, 2009 3:37:00 PM
Rank: Member


Joined: 11/9/2007
Posts: 288
Location: OZ
Hi all,

Zain did their exercise today,EABL is next......and list continue..one questions lingers in my mind where is our gova...?

Failure inspires winners...winners are made not born
More monies, more problems...
Jaguar
#12 Posted : Monday, March 30, 2009 5:41:00 PM
Rank: Member


Joined: 6/7/2007
Posts: 263
Location: humu humu
seles umeponea?
Kata
#13 Posted : Monday, March 30, 2009 7:04:00 PM
Rank: Member


Joined: 3/28/2009
Posts: 19
Some of the results of poor decisions in an oligopoly market!! But getting retrenched is tough whatever the case


Wisely and slow; they stumble that run fast
Seles83
#14 Posted : Tuesday, March 31, 2009 4:07:00 AM
Rank: Member


Joined: 11/9/2007
Posts: 288
Location: OZ
One thing am pretty sure that Zain will perform well this year......

Failure inspires winners...winners are made not born
More monies, more problems...
Nissi
#15 Posted : Tuesday, March 31, 2009 5:13:00 AM
Rank: Member


Joined: 3/31/2009
Posts: 2
For any company to maximise on profits here in Kenya especially in anticipation of the economic downturn,cutting costs will be inevitable.
Cost cutting is pegged on basically 3 things:Labour costs,Sales overheads and direct costs.
Therefore strongly believe that what Zain has done is expected of other companies soon if not soonest.

As he thinks,so is he
Goals
#16 Posted : Tuesday, March 31, 2009 6:51:00 AM
Rank: Member


Joined: 10/6/2008
Posts: 118

Balance work and family,some of us are workholic
Back up you personal data saved on company computers daily. Guys were not able to access their materials except for hard copies
Have plan b- invest for rainy day,employers will do away with you any time without your concect


chi20
#17 Posted : Tuesday, March 31, 2009 7:28:00 AM
Rank: Member


Joined: 10/24/2008
Posts: 223
feel sorry for the retrenchees,but especially those who vukad in august last year from safcom to zain for greener pastures. FYI,august is the month in which zain took over from celtel,and enganged in poaching spree immediately thereafter.

mwana wa kahii. . . . . .
McReggae
#18 Posted : Tuesday, March 31, 2009 8:04:00 AM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
chi20,

I thought zain simply rebranded their african investments in africa from celtel to zain the mother company.....they had bought celtel long before this I guesse!!!


Make money.....then you will enjoy all the fine things in life!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
kivairu
#19 Posted : Tuesday, March 31, 2009 9:08:00 AM
Rank: Member


Joined: 3/5/2008
Posts: 532
Location: Nairobi
skerians...pliz realise its not only zain.....KQ is downsizing as well

Fear not says the Lord

Strive not to be a success, but rather to be of value. –Albert Einstein.
Rasbiggy
#20 Posted : Tuesday, March 31, 2009 9:10:00 AM
Rank: Member


Joined: 5/20/2008
Posts: 2
GUYZ,LOOKS LIKE ITS THE IN THING TO DO NOW. OUR BLUE CHIP IS AT IT TOO....... http://www.bdafrica.com/...d=13759&Itemid=5822


Rasbiggy
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