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Crypto Startup Zap Africa Reduces Staff by 44% as It Shifts to AI Tools

Crypto Startup Zap Africa Reduces Staff by 44% as It Shifts to AI Tools

Nigerian crypto startup Zap Africa has cut 44% of its workforce, reducing staff from 18 to 10 employees as part of a restructuring aimed at improving efficiency through automation. The layoffs mainly affected roles in design, operations, marketing and support, with many of those functions shifted to AI tools. Despite the downsizing, the company says it remains stable and continues to develop its products.

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