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Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

12 February 2025
in World
Fintech unicorn Zepz to lay off 20% of its global workforce, sources say
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London-based digital remittances company Zepz is laying off dozens of IT workers and closing business units in Poland and Kenya, impacting around 200 staff members, approximately 20% of its global workforce. The redundancies primarily affect IT functions such as database administration, development operations, and software engineering. Zepz stated that the layoffs are being carried out to support long-term strategic goals and continued growth, without disclosing the exact number of employees affected as the process is ongoing.

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Tags: Breaking News: Technologybusiness newsfintechglobalInternetKenyaLabor economylayLondonPayPal Holdings IncpersonnelPolandSourcestechnologyunicornWise PLCWorkforceZepz
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