Tech layoffs: These Nigerian startups have sacked workers in 2026
Summary
The article details how Nigeria's startup ecosystem has joined a global wave of tech layoffs in 2026 driven by cost cutting and AI-enabled restructuring. It names three Nigerian startups that cut staff this year: Quidax (an unspecified number laid off as it pivots from retail crypto to B2B payments), ZAP Africa (reduced workforce by 44% to focus on automation), and Kuda Bank (hundreds of employees laid off in a company-wide restructuring). The piece links these local cuts to broader reductions at major tech firms such as Meta, Oracle, Coinbase, Cisco, and LinkedIn as companies pursue leaner teams and AI-driven productivity gains. It highlights that affected roles span sales, design, operations, marketing, and customer support and notes ongoing uncertainty for tech workers.