₦airaland Forum

See what Tinubu renewed shege hard economy has caused.
It's a pity

emmyN:
When it comes to business banking, Kuda >>> Moniepoint | Opay

not true

Onucs:
Back to labour market.

Nothing is better than starting your own business, you have more financial security that way

Are you sure?

Poor MFMBank

Exousiang01:
If it was due to financial pressure will they be able to pay up to 7 months salary?
What is wrong with Nigerians always imagining what is not there and believing their own imaginations?
If we check now you go be Obidient.

The article even clearly stated the companies growth over the last few years
Yet you went ahead to imagine the negative.

That's the funniest part, they always imagine the negative and focus on it.
They see a positive news, think of a negative thing and run with it.

FG increase state allocation, they say the president is trying to bribe the governors.
Which people be this?

They are so annoying, I don't read their comments again

SIRTee15:
If it's not financial pressure, then it's AI.

AI is coming for everybody's job, it's just a matter of time. And there's nothing u can do about it, simply get ready.

Including marketing?

nedu666:
Have you seen the compensation slip of any worker. Which company will give you 7 months payment. Dey play

So what is the salary of a marketing employee with the company? If it is, say, 500K for those in Lagos, a 7-month severance payment is fair enough.

Gerrard59:
Including marketing?

Yes....see the chart below

Visit me on X, let's talk. https://x.com/OzehC77521

AI is gradually taking people's jobs and we think it's normal again? In 10 years time AI will take at least 40% of the available jobs

AI can occupy any post. For the online AI is needed why few people are needed offline don't forget it's an online business

Gerrard59:
Including marketing?

Exousiang01:
Banking with Kuda for years now, Also have a couple of investments locked with them.
Their numbers are good.

Another great thing they did was the partnership with Bamboo

Remove your funds before you start stories that touch

ogaemma:
The evil wind of the mandate have started.
Remember it was forecasted that more Nigerians will slide into poverty in 2027.
For the first time Nigeria now have more poor people than India.
Let them keep deceiving themselves that Nigeria is much better than 10 years ago.
If you like keep singing on your mandate we shall collapse.
Everyone will collect

Nothing to do with government policy, the only part of government I see here is the weak employment laws to protect employees from arbitrary dismissal.

I see a tech start up that was not properly ae up, who bit more than they can chew and looked for the quickest way to cut cost which is always lay offs

Anyone doing business with Kuda should just pull out this move shows they are not a progressive modern company if they can't balance their books without mass layoffs.

SIRTee15:
Yes....see the chart below

If you use an LLM for architecture and engineering you are taking a major risk as the designs I've seen done by AI models are optimised for efficiency, they don't necessarily address human ergonomic needs or general structural requirements.
I don't see LLMs taking engineering design and Architecture jobs.

nlfpmod:
https://techcabal.com/2026/03/27/kuda-cuts-several-jobs-as-restructuring-hits-core-units-hundreds-feared-affected/

So sad, hope they short themselves out

Exousiang01:
If it was due to financial pressure will they be able to pay up to 7 months salary?
What is wrong with Nigerians always imagining what is not there and believing their own imaginations?
If we check now you go be Obidient.

The article even clearly stated the companies growth over the last few years
Yet you went ahead to imagine the negative.

That's the funniest part, they always imagine the negative and focus on it.
They see a positive news, think of a negative thing and run with it.

FG increase state allocation, they say the president is trying to bribe the governors.
Which people be this?

It was due to financial pressure.
The 7months payoff is just bribe so the affected staff won't institute legal action against them. And you read in the article that it comes with conditions.

As for obidents, they are far smarter than you guys that support every rubbish of govt. Govt are voted to better the lives of the people including your life, so the best way to do that is keep them on their toes which obidents are doing.
If everyone starts singing hallelujah like you, in the next 10yrs, this country will be doom.

100% AI

muyico:
Back to street
What a nation calls Nigeria

Shut up not everything is about Nigeria even big heavy weight like Micro soft, Google, Facebook sometimes have mass lay off

Sonnobax15:

Nothing go stop me from withdrawing that my 2k from that my kuda account tonight. Cuz e be like say some shiits are about to go down.

I don't think it's financial trouble.
The Kuda boy just acquired some AI toys to automate the business.

He's a copycat.

Cbn Recapitalization

Sonnobax15:

Nothing go stop me from withdrawing that my 2k from that my kuda account tonight. Cuz e be like say some shiits are about to go down.

They're struggling, but they won't admit it

Exousiang01:
If it was due to financial pressure will they be able to pay up to 7 months salary?
What is wrong with Nigerians always imagining what is not there and believing their own imaginations?
If we check now you go be Obidient.

The article even clearly stated the companies growth over the last few years
Yet you went ahead to imagine the negative.

That's the funniest part, they always imagine the negative and focus on it.
They see a positive news, think of a negative thing and run with it.

FG increase state allocation, they say the president is trying to bribe the governors.
Which people be this?

Unfortunately for you, he's a fellow agbadoist

iwaeda:
Jesu ni Balogun oko, amase ja fo ya.
It is well. APC will edit so many youths lives.

Oga, leave Nigerian politics out of it. It also affected staff members in other countries.

Exousiang01:
If it was due to financial pressure will they be able to pay up to 7 months salary?
What is wrong with Nigerians always imagining what is not there and believing their own imaginations?
If we check now you go be Obidient.

The article even clearly stated the companies growth over the last few years
Yet you went ahead to imagine the negative.

That's the funniest part, they always imagine the negative and focus on it.
They see a positive news, think of a negative thing and run with it.

FG increase state allocation, they say the president is trying to bribe the governors.
Which people be this?

It's financial pressure Oga. Kuda have been making series of mistakes for some times now, and this is also one of them. Ask yourself their market share 4 years ago and now to judge. And no, they're not paying anyone 7 months salary in lieu of voluntary resignation, it's 4 months highest. They're avoiding lawsuits.
And it's not AI either. They still have over 500 staff across several countries. It's not about Nigeria

nedu666:
Have you seen the compensation slip of any worker. Which company will give you 7 months payment. Dey play

It's 4 months and that's the highest, depending on your official notice period.
Kuda survives mostly on Nigerian market, so if they struggle to keep reasonable market share in Nigeria, this situation is inevitable. Even staff members in the UK and south Africa tasted from the breakfast.

SIRTee15:
Yes....see the chart below

Oga, it's not about AI.

Gerrard59:
So what is the salary of a marketing employee with the company? If it is, say, 500K for those in Lagos, a 7-month severance payment is fair enough.

How much is a software engineer earning in kuda that they'll be paying a marketing employee 500k? Company that have frozen promotions and salary increment for about 2 years now? You guys just like to comment on things you have no idea about.

YoungBlackRico:
100% AI

0% AI, 100% survival tactics. They'll still go down because this won't address the mistake they made.

ogaemma:
The evil wind of the mandate have started.
Remember it was forecasted that more Nigerians will slide into poverty in 2027.
For the first time Nigeria now have more poor people than India.
Let them keep deceiving themselves that Nigeria is much better than 10 years ago.
If you like keep singing on your mandate we shall collapse.
Everyone will collect

We now have more people to join the real protest when it starts. This is a good development. The same thing that was done to the Hausas is being played on all of us unfortunately some heediots still don't understand.

They will impoverish you so that they can be in control. Nigeria has minerals in quantum but only a few are benefiting, yet they keep taking from the poor.

I hope their eyes won't open when it's too late.

SixSeven:
In your 9-5, never forget that these companies are never too busy to look for themsleves just as you should look for yourselves first. You are always considerate of them but they never are when they want to take decisions that benefit them. The concept of job security has evolved and it is now survival of the fittest. So never slack on any job, keep working on yourself so you are constantly attractive in the job market.

Correct advice bro. One bottle of hero for you for this comment.

Afrojuju2017:
Nothing to do with government policy, the only part of government I see here is the weak employment laws to protect employees from arbitrary dismissal.

I see a tech start up that was not properly ae up, who bit more than they can chew and looked for the quickest way to cut cost which is always lay offs

Anyone doing business with Kuda should just pull out this move shows they are not a progressive modern company if they can't balance their books without mass layoffs.

You are very correct bro. But those obedients will never use their head.

iwaeda:
Jesu ni Balogun oko, amase ja fo ya.
It is well. APC will edit so many youths lives.

When they say go to school, so many olodo will think school is a scam. What does a private business that also lays off staff in a developed country have to do with Tinubu?

ogaemma:
The evil wind of the mandate have started.
Remember it was forecasted that more Nigerians will slide into poverty in 2027.
For the first time Nigeria now have more poor people than India.
Let them keep deceiving themselves that Nigeria is much better than 10 years ago.
If you like keep singing on your mandate we shall collapse.
Everyone will collect

Ogeni it is not Tinubu who will force people to upgrade themselves. If they like to remain where they are, time will pass them by.

Melagros:
COMRADES, honestly; this is not the right time to invest in Nigeria that's why you see this layoffs here and there

This has nothing to do with Nigeria. The same way those staffs were laid off. it will shock you that same Kuda will employ more staffs into other roles. but the media will not post about it. dey play.