Moniepoint restructures engineering teams in Nigeria, offers voluntary exits

Moniepoint is restructuring its engineering and product teams, offering voluntary exits to affected staff.

Impact on employees

The voluntary exit window closed on October 23, and affected staff will be informed between November 2 and November 11. Moniepoint stated that it will consider affected employees for other open positions within the company before initiating redundancy consultations.

Employees in backend, frontend, mobile, and quality-assurance engineering, as well as product management, are impacted. The changes apply across all countries where Moniepoint operates.

Restructuring details

Moniepoint announced the restructuring internally on October 19. The company is moving to smaller teams responsible for building and operating products from end to end. This includes new platform architect roles to oversee shared technology systems. Moniepoint aims for greater autonomy and clearer accountability within teams, which should lead to faster product development and more consistent service.

The restructuring is part of Moniepoint's strategic review of operations, aiming to streamline processes and reduce the layers of coordination that can slow down large tech companies. The company has grown significantly, hiring many engineers and product managers, and now seeks to optimize its structure for future growth.

On devs.com.ng

According to devs.com.ng, Moniepoint currently has 11 open roles, with the most requested technologies being Business (11), Design (9), Java (6), and Backend (5). Six of these roles are located in Lagos. Example roles include Principal Mobile Engineer (POS Terminal) and several Head of Engineering positions.

Sources

• techcabal.com: Moniepoint offers staff voluntary exit in engineering and product restructuring

Prepared with AI from the sources below and our own data, reviewed by the editors before publishing.