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Wave lays off 300 employees — July 13, 2022

Wave, a finance company based in Senegal, laid off 300 employees on July 13, 2022. At the time, the company was at the Series A stage. The layoff was reported by this source.

Company

Wave

Employees laid off

300

Date

July 13, 2022

Industry

Finance

Country

Senegal

Company stage

Series A

Total raised (pre-layoff)

$292M

Source: https://techcrunch.com/2022/07/13/wave-a-stripe-backed-african-fintech-valued-at-1-7-billion-cut-15-of-its-staff-in-june/

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