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Luno Slashes a Fifth of Staff

Luno Cuts 20% of Global Workforce as Crypto Stress Hits Africa's Leading Exchange

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsSouth AfricaJul 29, 2026

Luno is cutting approximately one-fifth of its global workforce, with South Africa among the markets directly affected by the redundancies. The reductions signal financial stress at the continent's best-known retail cryptocurrency exchange.

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