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Jumia lays off 900 employees — November 21, 2022

Jumia, a retail company based in Nigeria, laid off 900 employees on November 21, 2022. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company

Jumia

Employees laid off

900

Date

November 21, 2022

Industry

Retail

Country

Nigeria

Company stage

Post-IPO

Total raised (pre-layoff)

$1200M

Source: https://techcrunch.com/2023/02/16/jumia-laid-off-20-of-staff-in-q4-2022-amid-work-to-reduce-losses-by-half-this-year/

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