Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
Colony has also agreed to oversee, on an interim basis, other group funds that are not being acquired so that the Group and all its stakeholders have a comprehensive global solution in place/FILE

Kenya

Java Coffee House Set to Fire Some of its Workers

NAIROBI, Kenya, Nov 12 – Restaurant chain Java House has announced plans to lay off some of its employees through a voluntary Separation Option Program.

In a document exclusively seen by Capital Business, the restaurant revealed that even as restrictions meant to contain the coronavirus pandemic were eased, demand has been materially lower than previous years levels.

The chain projected the pattern to continue for a period of time.

Java revealed that the program is targeting staff in different branches, starting with staff who have completed at least 4 Years of service within the group, commissary staff who have completed at least 3 Years of service within the group and support and operations leadership staff who have completed at least 1.5 Years of service within the group.

In addition to the above eligibility, preference will be given to those on unpaid leave/ rotation

The company said the ongoing squeeze for efficiency by the coffee shop is anchored on providimg their staff the opportunity to receive a lump sum financial payment from the company allowing them to create options for themselves following the prolonged effects of COVID-19.

“During the last few months we have looked at every aspect of cost reduction in the business, including re-negotiating rents, our procurement of raw material, our labor schedules, our utility costs etc. and these are now moving towards a very low level in line with expected sales. But unfortunately the business is potentially over resourced at the current level of performance,” reads the document.

“It is also a way in which we can offer an alternative to those unable to work or on rotation to allow them pursue other interests,”it added.

Staffers who opt for the program after being approved will receive incentives including 15 days’ pay for every complete year worked, Contractual Notice period waived and payment thereof Additional 1.5 month’s pay, payment for any unutilized leave and Medical cover up to March 2021.

Advertisement. Scroll to continue reading.

The company said in conclusion that those interested in applying for the program have until November 27th 2020 to send their requests to the management.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...