London-based brewer Diageo, the parent company of East African Breweries (EABL) #ticker:EABL, is set to retrench more than 100 employees working at its business support centre in Nairobi, marking one of the latest large-scale layoffs in corporate Kenya.
The Diageo Africa Business Service Centre (ABSC), the only shared service centre in Africa and one of five globally, will be shutting down and its role outsourced to other markets.