Employment
Government plans to reskill retrenched sugar workers
The Kenyan government has announced plans to reskill and redeploy workers affected by the restructuring of state-owned sugar companies. Labour Cabinet Secretary Alfred Mutua shared these details during a Senate appearance on October 29, 2025, as part of efforts to revive the struggling sugar industry. This follows legal challenges from thousands of employees over redundancy notices.
Ethiopia issues new directive for foreign employment agencies
The Ministry of Labour & Skills has introduced a directive to regulate foreign employment agencies more strictly. It establishes standards for agency operations, capital requirements, and reporting. The rules aim to ensure better oversight of workers sent abroad.
Salesforce and Oracle Announce Layoffs
Salesforce and Oracle have laid off thousands of employees amid a push towards AI-driven automation. The layoffs reflect broader industry trends in cost-cutting and technological shifts. Both companies are investing heavily in AI to streamline operations.
Tech industry faces 46% drop in graduate jobs due to AI
The tech sector is experiencing a significant slowdown as artificial intelligence reshapes the job market. Graduate tech jobs have declined by 46% compared to the previous year. This trend highlights AI's growing influence on entry-level positions.
Sura investments promotes investing bonuses to strengthen savings
During a virtual forum, Sura Investments experts recommended directing bonuses and aguinaldos to investments to boost savings and wealth. Companies are accelerating savings incentives to retain young talent in a competitive market. The balance between spending and saving was emphasized during the holiday season.