Sabi Layoffs
June 2025
Sabi announced a layoff affecting 50 employees (20% of its workforce) in June 2025. The company operates in the Retail sector.
50
20%
Jun 19, 2025
About
African B2B e-commerce startup Sabi has laid off approximately 50 employees, representing about 20% of its workforce, as part of a strategic pivot announced in June 2025. Following a $38 million Series B funding round that valued the company at $300 million, Sabi is shifting its focus from its original retail and FMCG marketplace model to concentrate on its new TRACE vertical for traceable commodity exports. This restructuring aims to align resources with growing global demand for ethically sourced minerals and agricultural products, a sector where Sabi now exports over 20,000 tons monthly. The layoffs reflect broader challenges in the African B2B e-commerce space, including thin margins and capital intensity, prompting the company to streamline operations around its more promising export business.
More Retail Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl