Kuda Lays Off Staffs
Kuda Bank has laid off hundreds of employees as part of a company-wide restructuring.
The move is aimed at reshaping the organisation’s operations and improving efficiency as the digital bank adjusts to current market conditions.
Sources say the layoffs affected multiple departments, though full details on the number of workers impacted are still emerging.
The development reflects growing pressure on fintech companies to manage costs and focus on sustainability amid changing economic realities.
Despite the cuts, the bank is expected to continue its core services while repositioning for future growth.
