One of the largest online malls in Nigeria, Konga has sacked 80 employees, about 10 per cent of its workers. The management of the mall have, however, said that reasonable severance packages would be offered to the affected employees. According to a staement released by the company, the sacking would enable it run more efficiently and position itself for the future.
“With this restructuring and by taking advantage of new innovations and upcoming retail opportunities in the market space, we are optimistic that we are on the path to grow an even healthier and more sustainable business, whilst delivering best-in-class service to our customers.
“The decision to restructure and realign our company’s focus to be more agile in the prevailing local economic conditions is not one that was taken lightly.
“For the affected employees, Konga will be offering reasonable severance packages and will be willing to give them future opportunities for employment in the company where their competencies match,” Konga said.
The retailer just recently launched a secure payment solution, KongaPay, for its customers allowing them to make one-click payments for their transactions. Konga was listed as one of the best places to work in Nigeria at the 2015 Great Place to Work in Nigeria (GPTWN) Awards, as the only indigenous company in the e-commerce sub-sector to make the list.