News

Andela, lays off 135 staff

Andela a software engineering talent startup, has laid off at least 135 across four countries due to hard economic times.

Andela CEO Jeremy Johnson, made the announcement on Tuesday during a video conference attended by over 1300 employees.

Mr. Johnson projected a decline in number of new customers due to economic upheavals caused by covid-19 pandemic. However, he noted that Andela’s customer base has done fairly during this period.

Read Also: Why I stopped Masturbating

‘’While our customer base has held up better than most, the majority have still been impacted by the economic downturn. ‘’

“We’re still going to see churn spike this year as well as a decline in new customers due to the economic uncertainty.” Said Mr Johnson.

Andela’s employee

He observed that the decision was made due to the anticipated slow economic growth in post corona.

“Now that we know that growth is going to be much slower than anticipated, we need to cut costs to ensure that we make it to the other side.’’ he added. 

Read Also: KBC anchor Bonnie Musambi in mourning

The layoff which represents 10% of the work force has affected Ghana, Nigeria, Rwanda and Uganda. Kenya and Egypt were not affected by the layoff that will be effected from May 8.

This is the second time the company is sending home its employees in less than a year. In september last year at least 400 Junior developers were fired in what the company said it was restructuring to align with global market demand.

10 COMMENTS

  1. Hey! This is kind of off topic but I need some guidance from an established blog.
    Is it very difficult to set up your own blog? I’m not
    very techincal but I can figure things out pretty quick.

    I’m thinking about creating my own but I’m not sure where to start.
    Do you have any points or suggestions? Many thanks

  2. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point.
    You obviously know what youre talking about, why throw away your intelligence on just posting videos to your blog when you could be giving us something enlightening to read?
    adreamoftrains web hosting sites

  3. Does your website have a contact page? I’m having
    problems locating it but, I’d like to send you an e-mail. I’ve got some creative ideas for your blog you might be interested in hearing.

    Either way, great blog and I look forward to seeing it develop over time.

  4. It’s the best time to make some plans for the longer
    term and it is time to be happy. I’ve read this publish and if I could I wish to recommend
    you some fascinating issues or suggestions. Maybe you can write next articles referring to this article.
    I want to read more things about it!

LEAVE A RESPONSE

Your email address will not be published.