Getir’s Global Downsizing: 2,500 Jobs on the Chopping Block
In a significant restructuring move, Getir has announced its decision to lay off over 10% of its global workforce, translating to 2,500 jobs. This decision comes after diminishing demand in the rapid grocery delivery sector post-pandemic.
Having acquired its competitor, Gorillas, in a £1.2bn deal the previous year, Getir currently has a workforce of 23,000 spanning five countries. This includes various roles, from couriers and pickers to office staff.
A spokesperson from Getir emphasized the gravity of such decisions, assuring that the company is committed to treating affected employees with respect and in compliance with local laws. They expressed gratitude to all employees for their dedication and contributions.
This announcement follows Getir’s recent decision to exit the markets of Spain, Italy, and Portugal, aiming to concentrate its financial resources on regions with more robust prospects for operational profitability and growth. The company will maintain its operations in the UK, Turkey, Germany, the Netherlands, and the US, reiterating its dedication to the industry it pioneered eight years ago.
In addition to these changes, Getir initiated a fundraising round in the UK last month, targeting around $500m, led by the Abu Dhabi sovereign wealth fund, Mubadala. Earlier this year, the UK boss, Chris Chaaya, left the company, coinciding with a previous round of redundancies in March that affected around 300 UK employees. The company also closed several “dark stores” in April, including locations in Wales, South West England, Birmingham, and London, attributing these closures to optimizing its combined store network post the Gorillas acquisition.
The news is “BREAKING: GETIR TO MAKE 10% OF STAFF REDUNDANT AS IT AXES 2,500 JOBS.“