Bamburi sheds 71 employees in new business strategy

Listed cement-maker Bamburi reduced its workforce by 71 employees last year following layoffs and voluntary early retirements as many firms right-sized to further tighten the jobs market.

Bamburi, which performed well in the year, partly buoyed by orders from the standard gauge railway (SGR), paid out Sh192 million to send home the affected employees, according to its recently published annual report.