© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
IT

Getir to cut UK jobs after Gorillas merger

Rapid grocery delivery company Getir is cutting UK jobs after laying off 100 staff at its headquarters in the US.

The layoffs will not be as extensive as the 14% global staff reduction at Getir last year, per Sifted’s sources, which first reported the news.

The cuts follow Getir acquiring rival rapid delivery startup Gorillas at the end of last year.

UKTN has contacted Getir for comment.

The job cuts come as startups are switching their focus to sustainable growth and profitability instead of growth at all costs. The rapid food delivery sector, a model known for low margins and fierce competition, has been forced to reassess in a funding environment very different to the pandemic boom.

The layoffs come despite Getir raising £585m in a Series E funding round in March last year.

Getir first entered the UK market in early 2021. Later that year it bought UK rival Weezy, acquiring its four fulfilment centres and 700 employees.

In the UK, Getir delivers food in cities such as Birmingham and Manchester. It recently signed a partnership with the Co-op to deliver products from some of its stores in London.

Globally, Getir operates in Turkey, Netherlands, Germany, France, Spain, Italy, Portugal and the United States.

Last week fellow food-ordering app Feedr was eaten up by Berlin rival EatFirst for an unknown amount.

The post Getir to cut UK jobs after Gorillas merger appeared first on UKTN | UK Tech News.

Related posts

Yapily launches bulk payments service with Comma for SMEs in the UK

AEA3

CW Nordics: How the Estonian government created a digital assistant to support citizens

AEA3

UK Finance paints mixed picture of fraud as losses top £500m

AEA3

Pin It on Pinterest

Share This