Most companies are taking advantage of corona crisis. Yes, corona has affected the economy but not every business has been affected.
For example, K24 has reduced salary for employees by upto 50 percent. Kina Betty Kyalo salary inakatwa nusu. Ata Royal Media imekataa watu mshahara.
Watu wengi sana wamevutwa job kazi zingine lakini kuongea ukweli sidhani kila kitu ni juu ya corona. Of course, big companies will have a perfect excuse if they had planned to downsize before corona hit.
Huko majuu naskia Amazon ime-shaft employees proper bila lube. The irony is Amazon is making a killing out of this pandemic just like Jumia in Kenya.
Yes. Companies shouldn’t make a loss on wages. What happens if the employees don’t take pay cuts, employer pays them full pay for three months then goes bankrupt and folds, so they have to fire everyone. Uncertainty for everyone. If they take a pay cut, the company can stretch pay to six months. More time to restructure and get a footing
Media owners are mostly politicians and right now they are scared because most of them hide their money in legit businesses however, noone anticiopated COVID-19 and nobody can predict the financial blow or hits they are going to take.
My take is they are just cutting their losses and hoarding their money, in preparation for the worst scenario. So hapo they have to axe some people as colateral damage. It is unfortunate people still go to K24 as an employer. those scums dont understand the first thing about running a TV station.