Standard Media Group is set to lay off staff due to deep financial constraints over the last year.
Employees of the Standard newspaper, KTN, and Radio Maisha, including some managing editors and senior managers, will be let go due to non-performance.
Tension is high at the Standard Group offices along Mombasa Road and the I&M newsroom after top decision makers met and came up with a list of those who should be laid off.
A source revealed that highly paid journalists who were poached from other media houses over the past few years will be the primary targets for termination.
Human Resource Director, Mrs. Pauline Kiraithe, is holding onto the list, and it’s a matter of time before the layoffs are announced.
The Standard Newspaper has not grown fast enough to sustain its many journalists, while KTN struggles to attract serious advertisers. Radio Maisha is also said to be over-staffed and could see most of its staff relieved of their duties.
The situation has caused panic among staff members who are unsure whether they will survive the layoffs or not.
