FinanceID

Akseleran Layoffs

July 2023

Akseleran announced a layoff affecting 60 employees in July 2023. The company operates in the Finance sector.

People Affected

Announced Date

Jul 27, 2023

About

Akseleran, an Indonesian peer-to-peer lending fintech platform, laid off approximately 30 employees in early 2023, representing around 15% of its workforce at the time. The company cited a strategic restructuring to enhance operational efficiency and navigate challenging global economic conditions as the primary reasons for the workforce reduction. This move reflects broader trends in the fintech industry, where companies are adjusting their strategies to ensure sustainability amid market uncertainties.