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EXCLUSIVE: Bolt Nigeria lays off nearly half of its staff, says it’s part of a restructuring process
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Technext- technology news across Africa – Technext
Bolt Nigeria has laid off 22 out of 45 staff, representing nearly half of its staff operating in the country.
they said this particular one is likely about the unit economics of doing business in Nigeria.
Most of them were junior and mid-level staff, leaving the company with mostly senior and management staff.
The laid-off members of staff are also unhappy with the severance package made available to them at the time.
And, staff members that have worked for a period that is less than a year got half a month’s pay.
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