Some 400 junior engineers across Nigeria, Kenya and Uganda will lose their jobs at Andela, an incubation firm backed by the Chan Zuckerberg Initiative (CZI).
CZI, which is the personal foundation of Facebook founder Mark Zuckerberg and his wife Priscilla, made the announcement as it released first-time earnings figures.
The company’s CEO Jeremy Johnson, according to a report by Tech-Cruch said the cut offs are due to market demand for more senior engineering talent.
“We’ve seen shifts in the market and what our customers are looking for…toward more experienced engineers,” Johnson said.
“As part of this shift, we have also had to make an extremely difficult decision as it relates to a number of talented junior engineers. We don’t believe we’ll be able to find meaningful work for (them) over the next year,” he added.
Even so, the firm has committed to supporting the transition of the affected talent through its partnership of local innovation hubs among them Kenya’s iHub and Nigeria’s Cchub.
In the place of the departing developers, Andela is set on hiring an estimated 700 senior developers by the end of 2020 in a means to keep up with the demand from partners.
“We are actually actively and intensely growing the mid and senior developer populations, and next year we’re going to bring in 500 more developers,” he said.
“We have hired more junior developers than we are able to place in remote roles,” he added.
The departing Andela software engineers will gain severance packages and placement assistance, according to Johnson.
Andela’s client-base is comprised of more than 200 companies around the world that pay for the African developers Andela selects.
Founded in 2014, Andela has offices in New York and five African countries: Nigeria, Kenya, Rwanda, Uganda and Egypt.