Capital Group Limited, the media house behind Capital FM, has announced a major restructuring plan that includes a redundancy notice, effective August 25, 2025. The announcement was made through an internal memo dated July 25, 2025, signed by Managing Director Symon Bargurei.
The Capital Group Limited redundancy notice cites declining business volumes driven by shifting consumer behaviors, adverse policy environments, and growing industry competition as the primary reasons behind the job cuts.
“The media landscape—like many other industries—continues to undergo significant disruption. Capital Group has not been immune to these changes,” read part of Bargurei’s communication to staff.
Although the number of affected employees was not disclosed, the company emphasized that the process is strictly operational and not related to individual performance.
Capital FM Restructuring: A Necessary Business Shift
According to the memo, Capital Group Limited had already implemented cost-cutting measures, including slashing non-staff expenses. However, these were not enough to curb the mounting financial and structural pressures.
“To adapt and ensure long-term sustainability and competitiveness, we initiated a comprehensive business review,” Bargurei explained.
The result of that review is a reorganization of the company’s structure and operations, aimed at aligning with a new business model and strategic vision.
Capital FM Employees to Receive Full Terminal Benefits
Despite the impending layoffs, Capital Group Limited has assured all affected employees of full terminal benefits in accordance with their contracts and the Employment Act, 2007.
These include:
- Salary up to the last working day (August 25, 2025)
- One month’s pay in lieu of notice
- Severance pay equivalent to 15 days’ salary per completed year of service
- Compensation for unused leave days
- Compliance with all statutory deductions and entitlements
The HR team will also explore internal redeployment options and provide support throughout the transition period.
A Tough but Strategic Move for Capital Group
While describing the move as painful but necessary, Managing Director Symon Bargurei expressed confidence that the changes would reposition Capital Group Limited for resilience and future growth.
“We sincerely thank you for your understanding, professionalism, and continued commitment during this time,” he concluded.
Capital FM, a pioneer in Kenya’s urban radio broadcasting, has long been a household name. The restructuring is expected to shape the company’s direction in a rapidly evolving digital-first media landscape.
