Metro Africa Xpress Layoffs
Industry Logistics · Location Lagos · Nigeria · Subscribe (RSS)
Metro Africa Xpress has 1 publicly reported layoff round on record (most recent February 13, 2025). A total of about 150 employees were affected across these rounds.
Layoff history
In February 2025, Metro Africa Xpress (MAX) cut 150 employees, roughly 30% of its workforce, as the Lagos-based electric vehicle logistics company pivoted away from internal combustion engine financing entirely. The restructuring aligned headcount with a narrower operational focus: MAX plans to finance 120,000 electric vehicles across Nigeria, Ghana, and Cameroon in 2025, triple its combined 2024 volume under the old mixed model. Terminations were effective immediately and carried no monetary severance. The company offered health insurance continuation and job placement assistance to affected workers. Some employees initially received termination letters citing performance reviews, only learning afterward they were part of a broader mass layoff.
Reason: EV-only pivot and business restructuring
Source: techcabal.com
Data for Metro Africa Xpress is compiled from public WARN Act filings and reporting linked above. See our methodology.