Jumia Navigates Challenges – Staff Layoffs, Exit from Food Delivery, and Q4 2023 Results
Jumia, one of Africa’s leading e-commerce platforms, made headlines in January 2024 as it laid off employees across various African markets, including Kenya, just a month after exiting its food delivery business, Jumia Food. The company, facing the harsh reality of the food delivery market’s sustainability, opted for significant organizational adjustments to optimize capital and […]
