Wasoko merger fallout: employees claim startup hid deal for six months
- Wasoko did not share its merger plans with MaxAB with employees for over six months.
- Wasoko laid off over 100 employees across engineering, product, and business intelligence departments.
- Nine former employees sued Wasoko, claiming unfair dismissal.
The secrecy surrounding the merger plans and the subsequent layoffs have created a negative sentiment among employees. The lawsuit filed by the former employees further highlights the dissatisfaction and perceived unfair treatment. This situation raises concerns about transparency and employee welfare, which may impact the company's reputation and future relationships with its workforce.
