Dealdey sacks 60% of its workforce

by | Nov 2, 2015

According to sources, it has been reported that daily deals marketplace, Dealdey has sacked 60% of its workforce — a development that had, heretofore, never rocked the boats of the firm.

The affected workforce include: the operations, logistics and the sales team. Quite surprisingly, it is learnt that the firm’s Warehouse has been shut. 

On the one hand, this development, if it’s anything true, might be due to the firm’s decision to have a business-switch by cutting the exorbitant expenses it has been expending on its activities and general staffhood, or just a downright business innovation, newly conceived. In any case, we don’t have enough handy information owing to the firm’s private nature.

Lately, Ab Kinnevik oiled-up Dealdey with $5 million in order to aid the firm’s foray into other cities in Nigeria. The closure of the firm’s warehouse is a warning signal. could it have been due to the exorbitance of running one, the high-rate of paying staff salaries, or as rumoured, the firm delving into classifieds? If the last speculation were to be it, it might be very herculean for Dealdey to do so, having OLX as its progeny. Perhaps, Dealdey is trotting-off just as ebay did, in the past. Who knows…

The new Managers of the firm have been reached to confirm the veracity of this flying-about news.

Múyìwá Mátùlúkò
Múyìwá Mátùlúkò

Chief Servant. I bully myself because I make me do what I put my mind to.

On January 22, 2022, be part of the largest gathering of innovators, startup founders, thinkers, programmers, policymakers, and investors in West Africa. Register free.

0 Comments
Inline Feedbacks
View all comments

Recent News

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Crypto Explorer

A monthly series featuring in-depth analysis on the cryptocurrency sector in Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap