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Fresh Headache for Standard Group CEO After Recalling Fired Employees

November 27, 2024
Reading Time: 4 mins read
Cma Approves Standard Group’s Ksh1.5B Rights Issue

Standard Group Chief Executive Officer (CEO) Marion Mwangi. PHOTO/Marion Mwangi

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The Standard Group Chief Executive Officer (CEO) Marion Mwangi is facing backlash after attempting to recall former employees.

The CEO, whose leadership has been under the spotlight recently, hoped to meet the ex-staff members for further discussions on outstanding benefits owed to them.

Sources have revealed to The Kenya Times that many of the former employees are hesitant to meet with the CEO, some citing unresolved issues during their previous tenures at the company.

The employees were sent a message asking them to show up at Panari Hotel’s Rubi Meeting Room on Thursday, November 28.

Standard Group Chief Executive Officer (Ceo) Marion Mwangistandard Group Chief Executive Officer (Ceo) Marion Mwangistandard Group Chief Executive Officer (Ceo) Marion Mwangi
Standard Group Chief Executive Officer (CEO) Marion Mwangi reading a Standard newspaper. PHOTO/Marion Mwangi

“You are invited to a meeting on Thursday, 28th November 2024, at 10:00 AM at the Panari Hotel (Rubi meeting room) to discuss the outstanding benefits owed to you.

“I will also provide an update on the steps management has taken to address this matter,” the message read in part.

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Also Read: Standard Group Employees Announce Total Shutdown


Standard Group Employees Rejecting Meeting

One ex-employee, speaking on condition of anonymity, has shared that their dissatisfaction is based on previous treatment by the management, adding that the management is attempting to end their upcoming protest.

According to our source, the meeting is bait to disorient them. The employees have maintained that they will speak to the CEO through the media during the protest instead of in closed rooms.

According to The Standard, the meeting is meant to address outstanding issues, including the company’s ongoing financial restructuring efforts and collection of outstanding debts.

Additionally, it is part of the CEO’s plan to collaborate with different stakeholders on important company concerns like the collection of outstanding debts, the regularization of employee benefits and the reorganization of the company’s products and services.

“I understand that some of our former employees are still owed their benefits, and we are diligently working to address this issue. I empathize with their situation, and this meeting aims to outline our plan to resolve their outstanding dues, “said the CEO earlier.

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Also Read: Standard Group Employees Announce Total Shutdown


Strike Announcement

Employees at the Mombasa Road-based media house on November 26, announced that they would shut down operations because of increasing frustration among the staff.

They said that workers are struggling with unpaid wages, missed contributions, and ongoing financial difficulties.

In July 2024, Standard Group PLC declared redundancies, leading to a wave of layoffs.

The company promised former employees a one-year redundancy payment plan, with instalments due in September, October, and November 2024.

Follow our WhatsApp Channel and join our WhatsApp Group for real-time news updates.

Standard Mediastandard Mediastandard Mediastandard Mediastandard Mediastandard Mediastandard Media
Standard media group and a journalist during a past protest. PHOTO/Courtesy.
Tags: Fired EmployeesMarion MwangiStandard Group

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