Recall that in January this year, Konga sacked 80 employees, about 10 per cent of its workforce. At the time, the company blamed it on the prevailing tough economic situation and it stated that the decision to let some employees go was not ‘taken lightly.’
“The decision to restructure and realign our
company’s focus to be more agile in the prevailing local economic conditions is
not one that was taken lightly,” Konga had said.
“With this
restructuring and by taking advantage of new innovations and upcoming retail
opportunities in the market space, we are optimistic that we are on the path to
grow an even healthier and more sustainable business, whilst delivering
best-in-class service to our customers,”
However, six months down the lane, Konga
disengaged another undisclosed number of employees, but this time, it did not
blame the economy but instead said it had been the marketplace’s business
strategy over the past two years.
According to the company, this strategy had
worked very well for the company over the past two years.
It added that “even
the sacked workers usually move to other companies to accomplish great things.”
“Nigeria’s largest online mall, Konga.com,
will lay off some of its employees, as part of its business development
strategy whereby it reviews staff strength every six months.
Konga has been
doing this consistently over the last two years and usually let go of staff
that still go on and do great things elsewhere.”
In the statement, Konga’s Chief Executive Officer, Shola
Adekoya stated that,
“The restructuring which also entails workforce reduction
is a prudent and necessary step for the long term success of the company.
The
reorganizing will also impact the business model as we continue to do retail
but only focus on the products that customers really like with high throughput
in the warehouse and that will leave other products to strategic merchants that
will take over some of the products in a marketplace fashion ”
Original post published on vanguardngr.com
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