Kenyan E-commerce Startup Wasoko Faces Employee Backlash Over Hidden Merger Plans with MaxAB 🇰🇪

Kenyan E-commerce Startup Wasoko Faces Employee Backlash Over Hidden Merger Plans with MaxAB 🇰🇪

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#e-commerce
#startup
Employees at Wasoko, a prominent Kenyan e-commerce platform, claim the company concealed its merger with Egypt's MaxAB for over six months, leading to unexpected layoffs. The fallout has resulted in a legal battle with accusations of unfair dismissals and disputes over severance packages. As the case unfolds, Wasoko's reputation and handling of the situation are under scrutiny.

Kenyan e-commerce platform, Wasoko, is facing employee backlash for not disclosing its merger with Egypt's MaxAB for over six months, which led to unexpected layoffs in January 2024. The B2B startup laid off over 100 employees, prompting nine of them to file a lawsuit, alleging unfair dismissals and discrepancies in severance packages. Wasoko, which raised over $140 million from investors, is now dealing with a legal battle and increased scrutiny over its handling of the merger fallout. The court has temporarily blocked further employee layoffs, and the case is set to be heard on February 13th.


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