Share
Tala, the venture-backed digital lender with operations in Kenya, Mexico, the Philippines, and India, is cutting jobs across its global workforce, affecting fewer than 10% of its Kenya-based employees as the company centralises operations under a new organisational structure.
The company announced the job cuts in a Thursday statement, saying the reorganisation is intended to streamline functions across its global business. Tala did not disclose the number of affected employees globally, their teams, or where the cuts are concentrated.
The latest cuts come about a year after Tala laid off 28 employees from its customer operations team, saying fewer loan defaults and a decline in customer support requests had left parts of the business overstaffed. At the time, the company said the redundancies affected about 3% of its workforce.
“As part of the evolution of Tala’s global operating model, we are streamlining our functions and centralising operations to align with our strategic roadmap,” the company said in the Thursday statement.
