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Fintech · Senegal

Wave layoffs

We've tracked one Wave layoff, in Jun 2022, affecting 300 people. 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

300

Across tracked announcements

Announcements

1

Jun 2022 → Jun 2022

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −300(15% of workforce)

    Senegal based mobile money unicorn cut close to 15 percent of staff, mostly in newer markets Burkina Faso, Mali and Uganda.

    About the figure: Cuts were made in June 2022 and confirmed in July; almost 300 is the reported figure.

    Source: TechCrunch

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