Deacons lays off top managers ahead of branch closures

Chief Executive Wahome Muchiri. file photo | nmg

Fashion retailer Deacons #ticker:DCON has retrenched five senior managers ahead of the expected closure of poorly performing branches by the end of next month.

The NSE-listed firm this week handed job termination letters to Joseph Sitati (chief finance officer), Jeddidah Thotho (retail director) and Olive Waithaka (ICT manager).

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.