Turkish grocery delivery firm Getir announced a global restructuring, saying it plans to cut 2,500 jobs across five countries, or 10.9% of its total workforce.
Turkish rapid grocery delivery firm Getir said Tuesday it was slashing over a tenth of its global workforce in a bid to stem losses and keep its foothold in parts of Europe and the United States.The layoffs will come in five countries where Getir intends to maintain operations Turkey, Britain, Germany, the Netherlands and the United States.
(Bloomberg) Turkish startup Getir said it struggled to pay some bills in Germany and will cut more than 10% of its global workforce, as the rapid delivery service seeks to raise new funds and attempt to turn around its cash-hungry business. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Struggle as Nvidia Drops in Earnings Run-Up: Markets WrapHalf a Million US Jobs at Risk of Vanishing