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Home/Cities/Lagos
NG
Nigeria
Marketplace hub

Lagos layoffs, tracked in full.

Lagos has seen 2K job cuts across 7 tracked rounds since January 2020 — roughly 0.2% of all layoffs in our global dataset. The last 12 months alone saw 0 layoffs.

Last updated
City snapshot
2K
people laid off since Jan 2020
Companies tracked
5
active + historical
Rounds
7
total events
Top industry
Marketplace
54% of cuts
Global city rank
#51
by total headcount
Total since 2020
All time
2K
Across 7 roundsRank #51
Last 12 months
Recent
0
↓ 100% YoY
Companies tracked
Breadth
5
across 4 industriesMarketplace leads
Global city rank
vs cities
#51
0.2% of global totalof 137 cities
By industry · Lagos· Since 2020

Which industries cut deepest.

Marketplace
1 ROUNDS
54% of Lagos cuts
900
PEOPLE
Fintech
2 ROUNDS
24%
408
PEOPLE
Food & Beverage
3 ROUNDS
13%
215
PEOPLE
Logistics & Supply Chain
1 ROUNDS
9%
150
PEOPLE
Top companies · Lagos

Where the cuts landed.

Top companies
#01
Jumia
MARKETPLACE · 1 ROUNDS
900
#02
Renmoney
FINTECH · 1 ROUNDS
391
#03
Vendease
FOOD & BEVERAGE · 3 ROUNDS
215
#04
Metro Africa Xpress
LOGISTICS & SUPPLY CHAIN · 1 ROUNDS
150
#05
Bolt
FINTECH · 1 ROUNDS
17
Recent events · Lagos· Latest

The latest Lagos layoffs.

View all events →
Severity
Event
Location · When
Headcount
Source
Severe
V
Vendease
Vendease Layoffs — 2025-02-19
Lagos ·
120
techcabal.com ↗
Low
MA
Metro Africa Xpress
Metro Africa Xpress Layoffs — 2025-02-13
Lagos ·
150
techcabal.com ↗
High
V
Vendease
Vendease Layoffs — 2024-09-30
Lagos ·
68
techcabal.com ↗
Low
B
Bolt
Bolt Layoffs — 2023-02-21
Lagos ·
17
techpoint.africa ↗
Moderate
V
Vendease
Vendease Layoffs — 2022-11-25
Lagos ·
27
techcabal.com ↗
High
J
Jumia
Jumia Layoffs — 2022-11-21
Lagos ·
900
techcrunch.com ↗
Severe
R
Renmoney
Renmoney Layoffs — 2020-04-28
Lagos ·
391
techcabal.com ↗
Continue reading

Other cities tracked.

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204 companies tracked since 2020.
204 COMPANIES · 286K CUT →
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Seattle layoffs
22 companies tracked since 2020.
22 COMPANIES · 101K CUT →
United States
Austin layoffs
11 companies tracked since 2020.
11 COMPANIES · 45K CUT →
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