Zego confirms redundancies

Redundancy

Insurtech motor specialist Zego has told staff that it will be cutting its headcount by 17%.

A Zego spokesperson commented: “On Monday 11 July, Zego’s CEO, Sten Saar, announced to all employees that regrettably, the company could no longer avoid headcount reductions, and that sadly this meant 17% of the team across various departments would be impacted. This decision was not taken lightly, and largely came as a result of increased economic headwinds experienced since the beginning of this year.

“These headwinds have meant that while Zego continues to grow strongly in 2022, it has also

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