All Standard Media Group staff asked to apply for early retirement

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There will be a major shake up in Standard Media Group in July 2015.The exercise is one of its kind as it will see  most of the staff go home .

Standard Media Group CEO said that the exercise is aimed at cutting costs and streamlining operations at the Mombasa Road media house to increase efficiency and profitability.

Shollei further said that those who would have complied with the order will get a better pay and  those who will fail to apply for early retirement will go home empty handed.

The package will depend on the number of years one has worked with the firm,current salary and whether or not they are in the union.

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