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Old Mutual-UAP Holdings FY2016 profit down 8%
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Angelica _ann
#11 Posted : Friday, May 25, 2018 6:14:20 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,939
Wororo wrote:
Ericsson wrote:
News out that UAP Old Mutual retrenched 50% of its work force.
They received their letters today


They had been told to apply afresh... That's what I heard...





Probably Old Mutual getting rid of UAP employees they inherited!!!! Clash of work cultures, my thinking.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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obiero
#12 Posted : Friday, May 25, 2018 7:04:37 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,329
Location: nairobi
Angelica _ann wrote:
Wororo wrote:
Ericsson wrote:
News out that UAP Old Mutual retrenched 50% of its work force.
They received their letters today


They had been told to apply afresh... That's what I heard...





Probably Old Mutual getting rid of UAP employees they inherited!!!! Clash of work cultures, my thinking.

Sad
COOP, IMH, KEGN, KQ, MTNU
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Ericsson
#13 Posted : Monday, June 18, 2018 11:41:27 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,822
Location: NAIROBI
https://www.businessdail...7980-10j4w1h/index.html

Debt debt debt and more debt killing companies in Kenya
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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