Global online classified advert platform, OLX is shutting down outlets in Nigeria, Kenya and Ghana, by the end of March 2018.
With the latest development, workers of OLX at offices in these three countries would be laid off, but what Business Post cannot verify is if some would be retained.
However, there are strong indications that OLX will still have presence in Kenya, Nigeria and Ghana, but would operate remotely, multiple reports have revealed.
CEO of OLX in Asia, Middle East and Africa, Mr Sjoerd Nikkelen, in a statement, confirmed the shutting down of the firm’s offices in Nigeria.
“We made a difficult but important decision in Nigeria to consolidate our operations between some of our offices internationally.
“Our marketplace will continue to operate here — uninterrupted — as it has since 2010, and we remain committed to the many people here who use our platform to buy and sell every month. We continue to be focused on constantly innovating to make sure that OLX remains the top classifieds platform in the country.
“Of course, we are committed to helping our affected colleagues during this transition and have already offered them meaningful financial and other support.
“As we’ve expressed to them directly, we are extremely grateful for their many significant contributions to OLX’s success,” Mr Nikkelen said.