Tag: lay offs
Cisco to cut 1000s of jobs
Global digital communication giant, Cisco is planning to restructure its business, which will include laying off thousands of employees as it seeks to focus...
Kippa shuts down agency banking unit, KippaPay
The Nigerian fintech, which provides bookkeeping and finance management tools for small businesses, is discontinuing its agency banking business, KippaPay.
The startup also plans to...
Dash App to lay off 50% of workers
Dash—the embattled Ghanaian fintech owned by Spektra Technologies has reportedly announced to its staff that the company will be reducing the size of their...
Cellulant to lay off 20% of its employees
Payments platform Cellulant is parting ways with 20% of its workforce as part of its restructuring moves.
The exact number of employees wasn’t disclosed, but...
Eyowo denies shutdown rumours
Nigerian digital bank Eyowo has denied news of its shutdown.Â
Tech publication Technext reported that the start-up would shut down on June 27, citing an...
BuzzFeed lays off dozens of staff
BuzzFeed laid off dozens of employees on Friday inside its prized news division as the media organization restructures to grapple with the tumultuous digital...
Nigerian crypto payments startup Lazerpay shuts down, selling IP
After announcing layoffs in November 2022, Nigerian crypto payments startup Lazerpay has shut down.Â
According to Founder and CEO, Emmanuel Njoku, the decision to shut down the...
54gene lays off staff again
Weeks after confirming its new CEO Ron Chiarello, Nigerian genomics startup 54gene has made another round of layoffs.
According to a source close to the 54gene,...
Amazon to cut 9,000 jobs
Amazon CEO Andy Jassy has revealed the company planned to cut an additional 9,000 jobs over the coming weeks, on top of 18,000 announced...
Onepipe cuts staff short by 20%
Nigeria-based embedded finance startup OnePipe is the latest African startup to conduct layoffs.Â
According to sources close to the company, at least 20% of the company’s 38 employees...