Business / Companies
AfrAsia Kingdom mulls jobs cuts
02 May 2013 at 06:13hrs | Views
AfrAsia Kingdom Zimbabwe is retrenching part of its staff under a "voluntary separation exercise".
The financial services group recently said it was restructuring or streamlining operations as part of strategies to contain costs and improve efficiency.
AKZL's acting human resources head Lawrence Zimunhu has written to staff advising that the group had "made a decision at board level to take the route of voluntary separation in an effort to align business to the group's strategy".
He said the exercise will run until 2015.
The financial services group recently said it was restructuring or streamlining operations as part of strategies to contain costs and improve efficiency.
He said the exercise will run until 2015.
Source - Byo24News
