Forty contractors who labored for Tingo Mobile, a fintech startup going through fraud fees within the US, have been laid off regardless of not being paid their salaries in December and January, three of the affected staff informed TechCabal.
The affected contractors, who supported new customers with onboarding and resolved points on TingoPay, a digital funds app, have been laid off on a name with Tingo Cellular and HR Indexx (HRI) within the first week of February 2024.
HR Indexx blamed the non-payment of salaries (N100,000 web month-to-month) on Tingo, in line with messages seen by TechCabal.
“Given the substantial quantity concerned, totaling in thousands and thousands, HRI at present doesn’t have the funds available to cowl the salaries whereas awaiting fee from Tingo Cellular,” a message from HR Indexx learn.
HR Indexx didn’t instantly reply to TechCabal’s request for feedback.
When the contractors turned to Tingo Cellular for an evidence, they have been redirected to the outsourcing firm. “HR Indexx has disabled feedback within the WhatsApp group the place we coordinate our actions so that we are going to not complain concerning the cash,” an worker stated.
Tingo Cellular didn’t instantly reply to an e mail from TechCabal requesting feedback.
“On the layoff name, [HRI] stated we should always go and study different expertise and begin making use of for different jobs,” stated one other affected worker.
In December, the US Securities and Change Fee alleged that Tingo Group fabricated its monetary statements and misled buyers.
Tingo Cellular is among the subsidiaries of Tingo Group, the corporate and was the topic of an explosive report printed by Hindenburg Group, the well-known American quick vendor. The SEC formally launched an investigation into Tingo Group and suspended buying and selling within the shares of the second subsidiary, Tingo Meals PLC.