🏠 Nigerian Property Startup, Spleet, Faces Layoffs Amidst Inflation Challenges 📉

🏠 Nigerian Property Startup, Spleet, Faces Layoffs Amidst Inflation Challenges 📉

#employment
#startup
#prop-tech
As inflation and landlord price hikes squeeze Spleet, the proptech startup that garnered $2.6 million in 2022 faces tough decisions. Monthly rental disruptors are feeling the heat in Nigeria's real estate market, with layoffs looming and macroeconomic conditions taking a toll. Can proptech weather the storm?

Nigerian property tech startup, Spleet, known for its monthly rental model, is set to lay off employees due to inflation and soaring landlord demands. With macroeconomic challenges affecting revenues, the proptech faces tough decisions, emphasizing the struggle to disrupt Nigeria's traditional real estate market. Stay tuned as Spleet navigates through economic uncertainties. 🏡💼


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