* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, August 11, 2025
Earth-News
  • Home
  • Business
  • Entertainment

    Country music star ripped by ex-wife amid court battle: ‘Karma is a … well you know’ – PennLive.com

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

    Six Flags Entertainment Corporation Reports 2025 Second Quarter Results, Provides July Performance Update, and Updates Full-Year Guidance – Business Wire

    Six Flags Reveals Thrilling Q2 2025 Results, Shares July Highlights, and Updates Full-Year Outlook

    ‘Paying homage to Kansas’: Singer-songwriter Dallas Pryor shares music journey – The Topeka Capital-Journal

    Honoring Kansas: Singer-Songwriter Dallas Pryor Shares His Inspiring Musical Journey

    Alabama expands entertainment incentives to boost state’s music and creative industries – Made in Alabama

    Alabama Supercharges Entertainment Incentives to Spark Explosive Growth in Music and Creative Industries

    Peacock’s Biggest Action Show Streams 2 New Episodes Sooner Than You Think – yahoo.com

    Peacock’s Hottest Action Show Drops 2 New Episodes Sooner Than Expected!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Gas-to-liquids technology can support national resilience – The Strategist | ASPI’s analysis and commentary site

    Unlocking National Strength: How Gas-to-Liquids Technology Drives Resilience

    Micron Technology (MU) Launched a New Memory Chip for Space Application – Yahoo Finance

    Micron Technology Launches Revolutionary Memory Chip Built for Space Exploration

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    Preparing Students for the Technology of Tomorrow – Drug Topics

    Preparing Students Today to Thrive in Tomorrow’s Tech-Driven World

    Technology, History, and Summer Camp at the Rhode Island Computer Museum – abc6.com

    Discover Technology, History, and Summer Camp Adventures at the Rhode Island Computer Museum

    MBU showcases student work at Occupational Therapy Technology Fair – WHSV

    Discover the Most Innovative Student Projects at the Occupational Therapy Technology Fair

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Country music star ripped by ex-wife amid court battle: ‘Karma is a … well you know’ – PennLive.com

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

    Six Flags Entertainment Corporation Reports 2025 Second Quarter Results, Provides July Performance Update, and Updates Full-Year Guidance – Business Wire

    Six Flags Reveals Thrilling Q2 2025 Results, Shares July Highlights, and Updates Full-Year Outlook

    ‘Paying homage to Kansas’: Singer-songwriter Dallas Pryor shares music journey – The Topeka Capital-Journal

    Honoring Kansas: Singer-Songwriter Dallas Pryor Shares His Inspiring Musical Journey

    Alabama expands entertainment incentives to boost state’s music and creative industries – Made in Alabama

    Alabama Supercharges Entertainment Incentives to Spark Explosive Growth in Music and Creative Industries

    Peacock’s Biggest Action Show Streams 2 New Episodes Sooner Than You Think – yahoo.com

    Peacock’s Hottest Action Show Drops 2 New Episodes Sooner Than Expected!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Gas-to-liquids technology can support national resilience – The Strategist | ASPI’s analysis and commentary site

    Unlocking National Strength: How Gas-to-Liquids Technology Drives Resilience

    Micron Technology (MU) Launched a New Memory Chip for Space Application – Yahoo Finance

    Micron Technology Launches Revolutionary Memory Chip Built for Space Exploration

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    Preparing Students for the Technology of Tomorrow – Drug Topics

    Preparing Students Today to Thrive in Tomorrow’s Tech-Driven World

    Technology, History, and Summer Camp at the Rhode Island Computer Museum – abc6.com

    Discover Technology, History, and Summer Camp Adventures at the Rhode Island Computer Museum

    MBU showcases student work at Occupational Therapy Technology Fair – WHSV

    Discover the Most Innovative Student Projects at the Occupational Therapy Technology Fair

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Paystack to lay off 33 employees in the UAE and Europe

November 16, 2023
in Technology
Paystack to lay off 33 employees in the UAE and Europe
Share on FacebookShare on Twitter

Paystack, the Nigerian fintech acquired in 2020 for $200 million by Stripe, is laying off 33 workers in Europe and UAE. The company’s CEO, Shola Akinlade confirmed this in a tweet today, saying the layoff is happening because Paystack is reducing its operations outside Africa.

“In the last 3 years, our hiring philosophy was to recruit great talent regardless of location, including opening an engineering hub in Dubai,” Akinlade revealed in the tweet. “We’re changing our operating model to prioritise locating team members within the markets we serve, to localise costs and get closer to customers.” According to Akinlade, the affected staff will be getting a severance package which includes four months’ salary, accelerating equity vesting, and an extension of health insurance by three months. 

Paystack’s primary market is Nigeria, where the local currency has been devalued by more than half since June this year. In Kenya, the fintech’s second market, the shilling has fallen by almost 20% from this time last year. The fintech also operates in South Africa and Ghana, countries where inflation continues to erode purchasing power and pose a challenge for businesses and governments.

In November last year, Paystack’s parent company, Stripe laid off 14% of its workforce. The US payment giant further reduced headcount in June this year, according to reporting from The Information.

Per LinkedIn data, Paystack has 27 employees in the United Arab Emirates, 25 employees live in the United Kingdom. And seven other staffers reside in the European Union countries of Germany, Portugal, and France, data from LinkedIn shows. 

The layoffs come at a time Paystack is expanding its offerings to take advantage of the surge in electronic payments in its primary market, Nigeria. In October, TechCabal exclusively reported that Paystack is launching virtual terminals, a new product that allows merchants to accept payments with bank transfers for multi-person businesses. More recently, the Stripe-owned fintech announced a direct debit product that will allow Nigerian businesses to charge customers’ bank accounts directly.

Get the best African tech newsletters in your inbox

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechCabal – https://techcabal.com/2023/11/16/paystack-layoffs/

Tags: EmployeesPaystacktechnology
Previous Post

Female founders are imagining a world without investors

Next Post

Video: ADCC documentary series celebrates UFC ties during 25th anniversary

NVIDIA RTX PRO Servers With Blackwell Coming to World’s Most Popular Enterprise Systems – Yahoo Finance

NVIDIA RTX PRO Servers Featuring Blackwell Set to Revolutionize Leading Enterprise Systems

August 11, 2025
G&B Digital Management Launches Free ‘Creator Economy’ Master Class for Hollywood Guild Members (EXCLUSIVE) – Variety

G&B Digital Management Launches Free ‘Creator Economy’ Master Class for Hollywood Guild Members (EXCLUSIVE) – Variety

August 11, 2025

Country music star ripped by ex-wife amid court battle: ‘Karma is a … well you know’ – PennLive.com

August 11, 2025
Virtual Support Enhances Healthcare for BC’s Rural Patients – Medscape

How Virtual Support is Transforming Healthcare for Rural Patients in BC

August 11, 2025
Trump says he thinks ‘we have a shot at’ peace between Russia and Ukraine – CNN

Trump Expresses Optimism About Potential Peace Between Russia and Ukraine

August 11, 2025
Plastisphere provides a unique ecological niche for microorganisms in Zostera marina seagrass meadows – Nature

Plastisphere provides a unique ecological niche for microorganisms in Zostera marina seagrass meadows – Nature

August 11, 2025
‘The best solution is to murder him in his sleep’: AI models can send subliminal messages that teach other AIs to be ‘evil,’ study claims – Live Science

AI Models Could Be Secretly Teaching Each Other to Behave ‘Evil’ Through Subliminal Messages, Study Warns

August 11, 2025
Concerns Emerge Over Potential Cancer Links to Drugs Like Ozempic – ScienceAlert

Concerns Emerge Over Potential Cancer Links to Drugs Like Ozempic – ScienceAlert

August 11, 2025
Exploring the Links Between Demographics, Lifestyle, Comorbidities, Prediabetes, and Mortality – BIOENGINEER.ORG

How Demographics, Lifestyle, and Health Conditions Shape Prediabetes and Mortality Risk

August 11, 2025
Gas-to-liquids technology can support national resilience – The Strategist | ASPI’s analysis and commentary site

Unlocking National Strength: How Gas-to-Liquids Technology Drives Resilience

August 11, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (765)
  • Economy (788)
  • Entertainment (21,665)
  • General (16,407)
  • Health (9,827)
  • Lifestyle (798)
  • News (22,149)
  • People (789)
  • Politics (797)
  • Science (16,001)
  • Sports (21,285)
  • Technology (15,768)
  • World (771)

Recent News

NVIDIA RTX PRO Servers With Blackwell Coming to World’s Most Popular Enterprise Systems – Yahoo Finance

NVIDIA RTX PRO Servers Featuring Blackwell Set to Revolutionize Leading Enterprise Systems

August 11, 2025
G&B Digital Management Launches Free ‘Creator Economy’ Master Class for Hollywood Guild Members (EXCLUSIVE) – Variety

G&B Digital Management Launches Free ‘Creator Economy’ Master Class for Hollywood Guild Members (EXCLUSIVE) – Variety

August 11, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version