Andela, which attracted investment from Facebook and tennis star Serena Williams, raised $100m from venture capital funds in JanuaryAfrican tech startup Andela sacked hundreds of its staff this week – the majority from Nigeria – in one of the largest layoffs in the continent's budding tech industry.
Andela is ending its entry-level training programmes for tech developers in the three countries. Training will only continue in Rwanda out of its four bases in Africa – in a major departure from its business model. "It's also become clear, however, that the majority of the demand is for more experienced talent," he said.
Yet the US, its largest market, has seen a growth of junior web developers, decreasing demand from Africa.The majority of its engineers are junior level, yet it will now focus on training and hiring experienced staff.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: mailandguardian - 🏆 2. / 92 Read more »
Huawei offers its most valuable secrets to software developersTech giant is willing to sell a 5G licence as it works to develop alternatives to US technology
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
Trevor Manuel's remark on the judge in poor taste as well as injudiciousIrresponsible appraisals of judiciary lower its image in society and lay the basis for some to take law into their own hands
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Cool investor response puts WeWork IPO on iceUS office-sharing start-up was preparing to launch an investor roadshow for its offering this week before making the last-minute decision to stand down
Source: BDliveSA - 🏆 12. / 63 Read more »
South African holidaymaker killed after boat capsizes in BaliHeavy seas capsized a boat at a popular tourist attraction in Bali, claiming the life of a South African holidaymaker.
Source: SowetanLIVE - 🏆 13. / 63 Read more »