SWVL Layoffs
Industry Transportation · Location Cairo · United Arab Emirates · Subscribe (RSS)
2
Layoff rounds
400
Employees laid off
Post-IPO
Funding stage
$132M
Total raised
SWVL has 2 publicly reported layoff rounds on record between May 30, 2022 and November 23, 2022. A total of about 400 employees were affected across these rounds.
Layoff history
November 23, 2022
SWVL cut 50% of its workforce
50% of workforce Location Cairo
SWVL disclosed a workforce reduction affecting its Cairo operations in November 23, 2022.
Source: techcrunch.com
May 30, 2022
SWVL cut 400 employees (32% of staff)
SWVL disclosed a workforce reduction affecting its Dubai operations in May 30, 2022. Approximately 400 roles were eliminated.
Source: techcrunch.com
Data for SWVL is compiled from public WARN Act filings and reporting linked above. See our methodology.