These are some of the companies that have shut down operations in Kenya or have retrenched staff (shrinking operation) mainly due to Jubilee regime’s poor conditions of doing business here in Kenya.
• Soft drink manufacturer Coca-Cola is trimming its branches
• Nakumatt is trimming its branches and sending home thousands of employees
• Kenya airways plans and has shed jobs, even the cabin crews are now outsourced and paid poorly.
• Bank of Africa has sent home employess
• Standard chartered bank is sending home employees
• Ecobank sending staff home
• Family bank sending staff home
• Sidian bank sent home staff
• Kcb group trimmed its staff
• Sameer Africa has closed down and sent plant to india
• Toyota Kenya shed jobs
• Eveready East Africa closed its Nakuru-based battery factory in September 2014
• chocolate maker Cadbury shut down its factory in Nairobi October 2014
• The company closed some of its radio and TV stations last year 2016 and fired another batch of employees
• East African Portland Cement Company In November 2016 , the company announced plans to retrench 1,000 employees in its 1,500 workforce
• Postal Corporation of Kenya Popularly known as Posta Kenya, the company also was to lay off 2,000
• Telcom Kenya : another mobile phone company which announced plans to fire 500 employees out of its 1,600 strong work force in order to be able to remain afloat.
• Banking giant Hong Kong Shanghai Banking Corporation (HSBC) formally exited Nairobi.
• Reckitt & Benkiser, Procter & Gamble, Bridgestone, Colgate Palmolive, Johnson & Johnson and Unilever have all relocated or restructured their operations mostly to Egypt or South Africa
• Mumias Sugar closed down
• Oserian Ltd, LAID off more than 400 workers citing low European market demand and high cost of production.
• The Kenya Meat Commission (KMC) has laid off 119 employees
