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Published 5 years ago by wildcard with 0 Comments
by wildcard
5 years ago

Africa-focused Andela cuts 400 staff as it confirms $50M in revenue

Africa-focused tech talent accelerator Andela will cut 400 junior engineers across Kenya, Uganda and Nigeria, CEO Jeremy Johnson told TechCrunch. The layoffs come as the startup released first-time earnings figures indicating it will surpass $50 million in annual revenues for 2019. Yes, the news seems a bit disjointed. Not everything moves in the same direction in the business of startups.

Continue Reading https://techcrunch.com

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