Radio Africa Limited announced on Friday, April 25, that it had laid off 27 employees, citing the tough economic environment as the driving force behind the decision.
In an internal memo, the media company described the move as “one of the most challenging moments” in its history.
“Yesterday, we made the incredibly difficult decision to let go of 27 of our colleagues. This was one of the most challenging moments in our journey. These individuals have been a valued part of our team for many years, some for over two decades,” the statement read.
Group CEO Martin Khafafa explained that the decision was prompted by rising operational costs, which had begun to threaten the sustainability of the business.
“Please know that this decision was not taken lightly; it was necessary to ensure the sustainability of our business in the face of escalating operational costs and a harsh economic climate,” Khafafa stated.
Acknowledging the heavy atmosphere within the company, Khafafa emphasized that the restructuring is aimed at stabilizing operations and positioning the organization for future growth.
“I understand that the current mood is heavy, and I fully recognize the uncertainty this may have caused. This restructuring is intended to stabilize our operations and prepare the company for future growth,” he said.
He further urged the remaining team members to support one another, stay focused, and continue delivering the value and service expected by their clients.
Khafafa reaffirmed his commitment to maintaining transparency and building a more resilient organization as Radio Africa Group transitions toward becoming a leading audiovisual media company.
“I want to reassure you of my commitment to transparency, stability, and creating a more resilient company as we work to transform our organization. I am confident in our ability to navigate this period together,” he added.
