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Corporates retrenching at alarming rate

Kenya Airways on Friday announced it was sending 80 of its employees home in phase one of a retrenching exercise that will ultimately see it lay off 600 staff as it restructures its operations.

That announcement by the troubled national carrier adds to the list, the number of companies that have downsized or announced plans to in an effort to grow its bottomline. Faizal Ahmed reports on how, if at all the end result for the companies justifies the means.

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