Nearly a quarter of firms in the manufacturing and services sectors have cut full-time jobs in the last three months on the back of weaker demand for goods and services, deepening the crisis in the labour market.
A Central Bank of Kenya (CBK) survey on chief executive officers (CEOs) of over 1,000 companies shows that 23.5 percent of manufacturers and 23.9 percent of firms in service sectors such as hospitality had by June 2025 reduced the number of full-time staff than they did at the end of March.
