Jumia laid off 20% of staff in Q4 2022 amid work to reduce losses by half this year
Jumia, as part of its streamlining efforts, reduced headcount among managerial roles by 60% in Dubai and undertook overall headcount reductions that resulted in more than 900 position terminations across its 11 markets, affecting 20% of its staff. This occurred in Q4 last year, according to Jumia’s FY2022 financials. This news follows Jumia Supervisory Board’s … Continue reading Jumia laid off 20% of staff in Q4 2022 amid work to reduce losses by half this year
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