Latest News

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.”

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.

 

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

 

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

 

Saman Siddiqui

I am a freelance journalist, holding a Master’s Degree in Mass Communication and an MS in Peace and Conflict Studies, associated with the electronic media industry since 2006 in various capacities. Here at OyeYeah, I cover a range of genres, from journalism to fiction to fashion, including reviews, and fact findings. 

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button