Johannesburg Securities Exchange: IOC

How many employees work at iOCO?

iOCO Ltd. (IOC) has approximately 2,344 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. iOCO’s total headcount has declined 16.0% from 2,790 employees in 2023 to 2,344 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is iOCO hiring right now?

Yes, iOCO is actively hiring. iOCO had 1 active job postings in 2026, a 200.0% increase from 2025 — see job openings & hiring trends.

About iOCO’s Workforce

iOCO Ltd. (IOC) is an Information Technology Services company that employs 2,344 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 1998, the company is headquartered in Randburg, South Africa and trades on the Johannesburg Securities Exchange.

iOCO's workforce has declined 16.0% from 2023 to 2026, down 1.3% year over year in 2026. It fell to a low of 2,341 in 2025 Q4 before recovering. Its workforce is concentrated most in Sub-Saharan Africa (62.9%), followed by North America (22.5%) and Northern Europe (5.4%).

iOCO's functional groups are Finance and Operations (45.3%), Sales and Marketing (27.4%), and Engineering (27.3%). The average salary is $38,839, ranging from a median of $58,000 in North America to $18,000 in North Africa.

iOCO's active job postings rose 200.0% in 2026 to 1, with new postings per month cooling from 11 in 2023 to 1 in 2026. Overall employee sentiment is negative and declining.

Sourced from Revelio Labs workforce data.

Ticker
Johannesburg Securities Exchange: IOC
Headquarters
Randburg, South Africa
Founded
1998
Industry
Information Technology Services
Employees
2,344
YoY
-1.3% (-55)

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iOCO Annual Employee Count (2023-2026)

Interactive chart of iOCO annual worldwide employee count from 2023 to 2026.
  • iOCO had 2,344 employees in 2026, a 1.3% decline (-55) from 2025.
  • iOCO had 2,341 employees in 2025, a 1.9% decline (-107) from 2024.
  • iOCO had 2,448 employees in 2024, a 3.6% decline (-244) from 2023.
  • iOCO had 2,692 employees in 2023, a 1.7% decline (-378) from 2022.

iOCO's total workforce has grown from 2,341 employees in 2025 to 2,344 in 2026. iOCO's headcount peaked at 2,790 in 2023 before declining in 2025 and recovering through 2026.

iOCO Ltd. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q12,344-55-1.3%
2025Q42,341-107-1.9%
2025Q32,344-142-1.8%
2025Q22,400-192-2.7%
2025Q12,399-251-3.9%
2024Q42,448-244-3.6%
2024Q32,486-247-3.7%
2024Q22,592-198-2.2%
2024Q12,650-210-1.4%
2023Q42,692-378-1.7%
2023Q32,733-618-3.2%
2023Q22,790-770-3.9%

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iOCO Employee Count by Region (2026)

Sub-Saharan Africa accounts for the largest share of iOCO's global workforce with approximately 63% of total employees, followed by North America and Northern Europe.

iOCO employees by region

RegionEmployees% of Total
Sub-Saharan Africa1,45662.9%
North America52122.5%
Northern Europe1245.4%
Western Europe833.6%
North Africa532.3%
Southern Europe190.8%
South Asia160.7%
South America120.5%
Southeast Asia100.4%
Central and Western Asia80.3%

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iOCO Employee Count by Department (2026)

iOCO's employee groups are Finance and Operations (45.3%), Sales and Marketing (27.4%), and Engineering (27.3%).

iOCO employees by department

DepartmentEmployees% of Total
Finance and Operations1,05645.3%
Sales and Marketing63827.4%
Engineering63727.3%

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iOCO Employee Salary by Region (2026)

iOCO's average employee salary is $38,839 globally. Employees in North America receive the highest compensation, with median pay approximately 1.5x the global average. Pay is lowest in North Africa, at a median of $18,000.

iOCO median employee salary by region (USD)

RegionMedian Salary
Pacific Islands$89,000
North America$58,000
Northern Europe$53,000
Western Europe$51,000
Eastern Europe$46,000
Southern Europe$33,000
Southeast Asia$30,000
East Asia$29,000
Sub-Saharan Africa$21,000
Central and Western Asia$20,000
North Africa$18,000
Central America and the Caribbean$15,000
South America$12,000
South Asia$6,000

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iOCO Job Openings and Hiring Trends (2023-2026)

Interactive chart of iOCO annual active job postings from 2023 to 2026.
  • iOCO had 1 active job postings in 2026, a 200.0% increase (+1) from 2025.
  • iOCO had 0 active job postings in 2025, a 200.0% decline (-31) from 2024.
  • iOCO had 31 active job postings in 2024, a 126.3% increase (+24) from 2023.
  • iOCO had 7 active job postings in 2023, a 120.0% decline from 2022.
  • Hiring velocity in 2026: 1 new roles/month, up from 0 in 2025 and 41 in 2024.

iOCO's active job postings rose 200.0% in 2026 to 1, with new postings per month cooling from 11 in 2023 to 1 in 2026.

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iOCO Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across iOCO's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About iOCO

How fast is iOCO growing?
In 2026, iOCO's headcount shrank 1.3% to 2,344 employees, down from 2,399 in 2025.
See the full headcount history
Where are iOCO employees located?
Most iOCO employees are based in Sub-Saharan Africa (62.9% of headcount), followed by North America and Northern Europe.
Explore where the workforce is based
What is the average salary at iOCO?
The average employee salary at iOCO is approximately $38.8k per year.
Analyze the salary distribution
How many new job postings does iOCO open per year?
In Q1 2026, iOCO opened 2 new job postings. In 2025, iOCO opened 4 new job postings — about 0 per month.
Track hiring trends by role
When was iOCO founded and where is it headquartered?
iOCO was founded in 1998 and is headquartered in Randburg, South Africa.
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