Khalif Kairo: It Is True My Company Is Broke And I Have Fired 60 Employees

Embattled car dealer and business man, Khalif Kairo has finally decided to open up on his company struggling. Speaking during a podcast, Kairo said that currently the company is in a very bad shape, he has been forced to close two branches in Nairobi.

The main office and yard that was along Kiambu road has been closed and the second one, which is also in Nairobi. The only showroom thar is operating is the one that is at Diamond Plaza. Kairo said that as a company they are still struggling financially.

This has made him to fire 60 employees, who were earning a living via his company. He was unable to pay them, hence he had to reduce them. Now the company has about 10 employees and they have been cancelling some orders. They are still restructuring and planning to make a comeback anytime soon.

Here is the link to the full video on YouTube.( Watch from 35th minute).