Sabi cuts staff as it narrows its focus to commodities’ trade
TechCabal | Ngozi Chukwu - Jun 19, 2025
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  • Sabi laid off roughly 50 staff members, about 20% of its workforce, in a restructuring effort.
  • The company is pivoting to focus on its TRACE platform for tracking minerals and agricultural goods.
  • Sabi's TRACE platform was developed in partnership with Minespider, leveraging blockchain technology.
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Sabi's decision to pivot towards traceability services reflects a strategic response to market demands, but the layoffs may raise concerns about employee morale and company culture. The focus on transparency in sourcing is commendable, especially given the increasing scrutiny on ethical sourcing practices globally. Future discussions could explore how Sabi plans to maintain its workforce's engagement and adapt to the evolving market landscape.
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