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Cash-strapped Posta to cut 504 jobs next year

General Post Office (GPO) building located along Kenyatta Avenue.  

Photo credit: File | Nation Media Group

By  Bonface Otieno

Nation Media Group

Business Reporter

The Postal Corporation of Kenya (PCK) plans to lay off 504 employees in February 2024 in the latest attempt to cut costs amid dwindling revenues.

The new retrenchment decision will see the cash-strapped State corporation remain with 1,860 staff on its payroll.

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