SadaPay Lays Off 30% of Staff Amid Cost-Cutting Measures | Major Layoffs by SadaPay
SadaPay Lays Off 30% of Staff Amid Cost-Cutting Measures | Major Layoffs After Acquisition by Papara
SadaPay Pakistan has laid off 30% of its workforce, including several C-suite executives, as part of a major cost-cutting measure. This surprising decision comes just a month after SadaPay was acquired by Turkish fintech Papara and received an equity injection. In this video, we’ll dive into the details of the layoffs, the company’s rationale, and what this means for the fintech industry.
What We’ll Cover:
Introduction: Overview of the situation at SadaPay.
Background: Acquisition by Papara and recent equity injection.
Details of the Layoffs: Departments affected and the abrupt nature of the layoffs.
Reference Article:
https://profit.pakistantoday.com.pk/2...
📌 Timestamps:
00:00 - Introduction
00:20 - Details of the Layoffs
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