12 African startups and tech companies that cut workforce in 2025
- Metro Africa Xpress (MAX) laid off about 150 employees, roughly 30% of its workforce, to pivot towards financing electric vehicles.
- 54 Collective announced layoffs after ending its partnership with the Mastercard Foundation due to a lack of alternative funding.
- Vendease cut 120 employees, reducing its workforce by 44%, to extend its runway amid economic challenges.
The ongoing layoffs in the African tech sector reflect a critical need for startups to adapt to a more challenging economic landscape. While these measures may ensure survival, they also highlight the fragility of the ecosystem and the importance of sustainable growth strategies. Future discussions should focus on how to foster innovation and resilience in the face of financial constraints.
