EAPCC to cut workforce by September 2019

Print this page

Kenya: The East African Portland Cement Company (EAPCC) plans to reduce its costs by making 220 workers redundant. It says it needs US$170m to return to profitability, according to the Business Daily newspaper. Other plans to reduce its debts include raising money through land sales and reducing its energy costs. It is considering selling over 2400 hectares of land in Athi River. It has already sold around 360 hectares to Kenya Railways for around US$50m.

The company currently has 821 contracted and permanent and pensionable employees. It intends to reduce its workforce by September 2019.

Last modified on 05 June 2019

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >

URL: https://www.globalcement.com/news/item/9368-eapcc-to-cut-workforce-by-september-2019

© 2022 Pro Global Media Ltd. All rights reserved.