Airlift lays off 31% staff

Airlift lays off 31% of staff and closes down operations in all cities except Karachi, Lahore, and Islamabad.

The startup had secured $85 million in the single-largest private funding round in Pakistan’s history last year.

Pakistan’s Airlift fires about a third of its workforce and exits South Africa as it seeks to narrow its focus.

The announcement of the decision by Airlift Technologies was shared in a press release, terming it “Returning to the Fundamentals.”

The news of downsizing has hit the local market hard. Hashtag #Airlif has been among the top trending topic on the Twitter timeline following the company’s decision.

Scary what’s happening w airlift. It’s not just the developers, managers etc that will lose jobs but also the delivery person, drivers etc. koi haal nahi hai.

— فریحہ ✪ (@fay_alif) May 26, 2022

https://twitter.com/AribaShahid/status/1529472703673126912

https://twitter.com/AribaShahid/status/1529473377488060419

Guys, seeing what’s happening at Airlift is making me very nervous 😣 it’s so unfortunate https://t.co/piI1bmJF2U

— Mahnoor (@mahnoortanweer) May 26, 2022

This Airlift news sadly isn't surprising at all for anyone who has used the service recently .

— Hamster (@Hamster41) May 25, 2022