Report: 44% of Nigerian Businesses Cut Workforce in 2024

What this means for your job search: Expect significantly increased competition for fewer tech roles, making it crucial to meticulously tailor applications and aggressively network to stand out. Focus on demonstrating immediate value and problem-solving skills to differentiate yourself in a tighter market. A new report by Nigerian data analytics firm, Mustard Insights, has revealed that 44% of businesses in the country reduced their workforce in 2024 due to economic challenges and operational constraints. The report, based on a nationwide survey of companies across various sectors, attributed the layoffs to rising inflation, foreign exchange volatility, high production costs, [...] Source from InfoStride News