RetailNG

Alerzo Layoffs

November 2023

Alerzo announced a layoff affecting 100 employees in November 2023. The company operates in the Retail sector.

Share:
People Affected

100

Announced Date

Nov 21, 2023

Company Information

Industry
Retail
Country
NG
Region
Ibadan, Non-U.S.
Last Updated: Apr 18, 2026

About

Nigerian B2B eCommerce startup Alerzo laid off 100 employees in November 2023, reportedly due to warehouse automation. This move follows previous workforce reductions, including a 15% cut of 400 employees seven months prior. With these layoffs, the company's total employee count is estimated to fall below 700. A company spokesperson cited investments in an end-to-end warehouse management system that improved automation and performance metrics, leading to the streamlining of certain warehouse roles. Most affected employees worked across the company's 40 warehouses, where new software reduced approval layers and made some positions redundant. The laid-off staff will receive one month's salary as severance and retain HMO benefits through the end of the year, as Alerzo continues its restructuring efforts aimed at achieving profitability.

Report an Error

If you find incorrect information, please let us know so we can correct it.

support@layoffs.nl