Search Result for 'layoff'

Crunchbase estimates that there have been nearly 160,000 layoffs among US tech companies so far in 2023 (in addition to the 93 000 that were lost in 2022).

A 20% staff reduction is being implemented by Kenya-based payments startup, Cellulant. The fintech company claims that the restructuring initiative will soon be put into action. Only six months prior, the company ...

More startups in Kenya have shut down since 2022 than they have been created in the country, an unfortunate development owing to many factors, including funding difficulties, and harsh economic conditions, amongst ...

In 2021, Gartner found that talent shortages were inhibiting technology adoption and development, with 64% of IT executives citing it as a challenge.

Once a thriving social media platform, Twitter has been grappling with a series of obstacles in recent times.  The acquisition of Twitter by tech magnate Elon Musk in October 2022 was expected ...

A year after extending its services to Ghana and Nigeria, the Singapore-based cryptocurrency firm Pillow recently announced that it would stop operating. The firm, which provided services for bitcoin investing, spending, and ...

MTN Nigeria and Flykite Productions have announced the 12 clubs that will participate in the inaugural edition of the NAIJA Super 8 off-season club football tournament. With two teams from each of the country's ...

A lack of finance at the moment has led to a crackdown on the level of Nigeria's funding for startups. In addition, several other payment-related firms had to shut down. Numerous firms ...

The National Union of Banks, Insurance, and Financial Institutions Employees (NUBIFE) staged a protest on Tuesday at the head office of Polaris Bank in Lagos over an alleged violation of workers' rights ...

Nigeria's outgoing government, headed by President Muhammadu Buhari, will leave Africa's largest economy in a deep fiscal mess that would require immediate drastic actions on the part of the incoming government. Analysts ...

While this feature was widely used and appreciated by many businesses, Meta however, in February 2023 announced that the ‘jobs’ feature on Facebook Business profiles will no longer be available

Konga listed in LinkedIn 2023 best 25 companies to work in Nigeria Konga, Nigeria’s leading composite e-commerce giant, has been ranked among an exclusive list of 25 companies rated as the best ...

The rankings take into account not only practical evaluations such as the percentage of laid-off employees but also cultural and soft skills, which indicate the likelihood of an employee remaining with a ...

If you are looking to invest in a stable and secure industry, these top 7 markets are an excellent place to start

The survey included responses from over 1,600 current, past and aspiring entrepreneurs and venture capital investors