Dubai unicorn Kitopi sacks 93 head office staff as tech industry slumps

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Dubai cloud kitchen platform Kitopi has sacked 93 of its head office staff, people familiar with the matter told Arabian Business, as the tech industry continues to slump.

Kitopi’s total workforce exceeds 5,000 people, but the job cuts represent a 10% reduction in head office staff. Kitopi (Kitchen Utopia) was founded by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Andreas to assist food brands in scaling and expanding across borders with minimal capital expenditures and operating expenses by taking care of the entire operations process- from supply chain and staff training to food preparation, delivery, and customer experience.

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Dubai unicorn Kitopi sacks 93 head office staff as tech industry slumps

Dubai cloud kitchen platform Kitopi has sacked 93 of its head office staff, people familiar with the matter told Arabian Business, as the tech industry continues to slump.

Kitopi’s total workforce exceeds 5,000 people, but the job cuts represent a 10% reduction in head office staff. Kitopi (Kitchen Utopia) was founded by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Andreas to assist food brands in scaling and expanding across borders with minimal capital expenditures and operating expenses by taking care of the entire operations process- from supply chain and staff training to food preparation, delivery, and customer experience.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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