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Digital lending firm Tala has announced plans to reduce its workforce in Kenya as part of a broader global restructuring aimed at streamlining operations and centralizing key business functions.
In a statement, the US-based fintech company said the exercise is expected to affect fewer than 10 percent of its employees in Kenya.
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According to Tala, the restructuring is intended to improve operational efficiency and align the company with its long-term strategic goals.
The company said the move is part of an evolving global operating model that seeks to consolidate certain functions while supporting its future growth plans.
Although Tala did not reveal the exact number of employees who will lose their jobs, it said those affected will receive support throughout the transition process.
Despite the planned layoffs, the lender emphasized that its services in Kenya will continue without disruption and reaffirmed its commitment to serving customers in the market.
Tala added that the restructuring will strengthen its ability to integrate financial services into partner platforms and accelerate its expansion across different markets.
The company entered the Kenyan market more than ten years ago, introducing unsecured mobile loans through smartphone technology.
Since then, Tala says it has served over 13 million customers in Kenya and disbursed billions of shillings in loans, making it one of the country’s leading digital lending platforms.
The announcement comes as technology companies around the world continue to restructure their operations, cut costs, and adapt to changing market conditions, increased automation, and the growing adoption of artificial intelligence.
