Kenya Power #ticker:KPLC slashed its payroll by 302 employees in the financial year ended June 2018, marking the first time in 15 years that the company failed to grow its staff size.
An annual report of the power distributor whose net profit also sunk to a 10-year low shows that it closed the year with 10,993 workers, a 2.7 per cent decline in staff size from previous year’s headcount of 11,295. Five out of the 11 regions registered reduction in headcount in the organisation that was also dogged by accusations of inflated power bills and delays in reading meters.