Bitter cuts thousands of jobs | BNR News Radio

EconomyAug 22 ’23 12:31Author: ANP

Flash delivery company Getir will undergo a major reorganization. About 2,500 of the company’s employees will lose their jobs, equivalent to more than 10 percent of the total workforce. According to Getir, the reorganization should make the company more efficient. It is not yet clear what the consequences will be for Dutch workers.

The Turkish company recently withdrew from a number of countries, such as Italy and Portugal, so that it could concentrate more on countries where the opportunity to reap greater profits. Getir therefore remains active in the Netherlands, Turkey, England and the United States.

According to Getir, the reorganization should make the company more efficient. It is not yet clear what the consequences will be for Dutch workers. (ANP/dpa Image Alliance)

Getir reported in July that it was looking to raise new funds from investors. In a new statement on the reorganization, Getir said it was fully committed to “the future of the sector it pioneered eight years ago and continues to lead into the future.”

Also read | Getir remained in the Netherlands, but left Spain, Italy and Portugal

Express delivery companies like Getir thrived during the coronavirus pandemic, when online grocery ordering gained popularity due to lockdowns. But despite the growth, the service has not yet turned a profit. High inflation makes it difficult for companies to win customers. Additionally, investors are less likely to invest as much money in new companies due to rising interest rates.

Maxwell Quinn

"Incurable alcohol fan. Proud web practitioner. Wannabe gamer. Music buff. Explorer."

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