Alerzo Layoffs
November 2023
Alerzo announced a layoff affecting 100 employees in November 2023. The company operates in the Retail sector.
100
Nov 21, 2023
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.
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