Egerton sacks over 400 employees to relieve University operation financial load

 

Egerton Vice-chancellor Prof Rose Mwoya. PHOTO | NMG

 

Egerton University intends to fire more than 400 employees reducing wage-load as it struggles with finance worsened by the Coronavirus pandemic.


It was reported that the institution has submitted to retrench the staff to relieve the payroll burden.

The University council came to the resolution after weighing all factors to help steer the University until January next year.


“This will reduce the payroll cost by Sh38.7 million per month,” says the report.


The annual payroll cost for the university is Sh464.4 million.

The vice-chancellor Prof Rose Mwoya said last month that the university has asked the government to reconsider granting Sh589.7 million to finance the exercise.


She said the university has performed severity measures to cut costs.

The institution will start paying full salaries only if the government capitation is enhanced.


“From January 2021, we expect that we will be able to start paying outstanding salaries accruing since April 2020, starting with those who are retiring or leaving services for whatever reason,” she said.