OLX will close its offices in Kenya and Nigeria

By professo

The online marketplace and classified ads firm, OLX Group, has announced its plans to close its Kenya and Nigeria offices.

The company confirmed in its announcement, made 7 February, that is has full intentions to continue its operations in both countries.

“We made a difficult but important decision in Kenya and Nigeria to consolidate our operations between some of our offices internationally,” the firm reported in a statement.

“We continue to be focused on constantly innovating to make sure that OLX remains the top classified platform in the country.”

SEE ALSO:

It is said the restructuring will have a big affect on those working in the Nigeria branch, which hires over 100 employees.

“Of course, we are committed to helping our affected colleagues during this transition and have already offered them meaningful financial and other support.”

“Our marketplace will continue to operate in Kenya and Nigeria - uninterrupted - as it has since 2010,” it added.

OLX BV – the owner of OLX – is registered in the Netherlands, and operates in more than 40 countries.

OLX launched its work in Nigeria in 2012, and by 2015 had more than 3mn buyers and sellers using its platform.

Share

Featured Articles

SAP creates new EMEA region and announces new President

SAP has announced it has appointed a new President for a newly-created EMEA region, aiming to make the most of the opportunities of cloud and AI technology

How SAP is facilitating continuous business transformation

Technology giant SAP has expanded its portfolio with the acquisition of LeanIX, a leader in enterprise architecture management (EAM) software

Siemens and Microsoft: Driving cross-industry AI adoption

To help businesses achieve increased productivity, Siemens and Microsoft are deepening their partnership by showcasing the benefits of generative AI

Sustainability must become central to corporate strategy

Sustainability

The endless benefits of putting your people first

Leadership & Strategy

Working from anywhere: SAP uncovers secret life of employees

Human Capital