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Airlift lays off 31% staff

Also closes down operations in all cities except Karachi, Lahore and Islamabad

AirliftAirlift lays off 31% staff | OyeYeah News
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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.”

airlift notification

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.

 

 

 

the authorSaman Siddiqui
Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.