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Crypto · South Africa

Luno layoffs

We've tracked 2 rounds of Luno layoffs between Jan 2023 and Jul 2026, affecting an undisclosed number of people in total. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.

People affected

N/A

Across tracked announcements

Announcements

2

Jan 2023 → Jul 2026

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −Undisclosed(20% of workforce)

    Crypto exchange cut a fifth of global staff and reorganised into three units after narrowing its geographic footprint.

    About the figure: Luno is headquartered in London and owned by Digital Currency Group, with its largest operations in South Africa.

    Source: TechCentral

  2. −Undisclosed(35% of workforce)

    Crypto exchange owned by Digital Currency Group cut over a third of staff, citing weak growth and revenue after the crypto market slump.

    About the figure: Luno is headquartered in London with its largest operations in South Africa.

    Source: TechCabal

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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.