See why PayStack is sacking 33 workers and the generous pay off package

  • Paystack, one of Nigeria’s leading fintech companies, has decided to lay off 33 of its employees as part of an organisational restructuring
  • The affected workers, who are in Europe and the United Arab Emirates (UAE), will receive a four-month severance package
  • The company has its headquarters in Lagos, supplemented by remote staff in various African countries

Nigerian payment platform Paystack has announced the sack of 33 members of its workforce in Europe and the United Arab Emirates (UAE).

Shola Akinlade, co-founder of Paystack’s chief executive officer (CEO), disclosed this in a post on X, formerly Twitter, on Thursday, November 16, 2023.