Nigerian Crypto Startup Zap Africa Cuts 44% of Staff in AI-Driven Restructuring
When a young startup slashes nearly half its workforce, it’s not just a staffing update; it is a statement. Nigerian cryptocurrency company Zap Africa has cut 44% of its staff, reducing its team from 18 employees to 10, as part of what it describes as an AI-led restructuring. The message from leadership is clear: automation isn’t coming; it is already here.