TECH - 200 Jobs In Jeopardy As Microsoft Halts Operations At Nigeria Engineering Center Amid Economic Struggles | Benzinga
Microsoft Corp (NASDAQ:MSFT) has decided to close its engineering center in Nigeria, citing economic challenges as the primary reason.
What Happened: Microsoft has announced the closure of its engineering center in Lagos, Nigeria, which was inaugurated in 2022, Bloomberg reported on Wednesday.
The center was established to provide advanced engineering solutions for the tech giant. This decision comes amidst the economic turmoil faced by the country, including a currency crisis, dollar shortages, and high inflation.
Microsoft’s Nigeria Development Center was one of two such facilities in Africa, the other being in Kenya. The closure will not affect the Nairobi center, the company confirmed.
A Microsoft spokesperson stated, “Organizational and ...