mastermind tobacco kenya to Lay Off 1,000 Workers over Huge Debt Global Tobacco Index
Global Tobacco Index Embattled Mastermind Tobacco terminates 1,000 jobs amid administration crisis Coolxtreme International Limited Departed Mastermind Tobacco boss mourned in region The Standard Assets owned by Mastermind Tobacco are set to be auctioned in January in what could mark the end of an era for the tobacco manufacturer. https: www.standardmedia.co.ke business financial standard article 2001508523 end of an era as mastermind tobacco Correction: Mastermind Tobacco (K) Limited has been placed under administration: effective 14th December 2023 by I&M Bank over undisclosed debt. The company has issued a notice of termination of contracts of ~1,000 employees.
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