Jumia laid off 20% of staff in Q4 2022 amid work to reduce losses by half this year

Jumia, as part of its streamlining efforts, reduced headcount among managerial roles by 60% in Dubai and undertook overall headcount reductions that resulted in over 900 position terminations across its 11 markets, affecting 20% of its staff. This occurred in Q4 last year, according to Jumia’s FY2022 financials.
This news follows Jumia Supervisory Board’s note on performing more senior management shake-ups when it appointed Francis Dufay as acting CEO last November in a bid to “pick leaders and decision centers closer to consumers and sellers in Africa” and Dufay’s first interview with TechCru

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