LONDON Turkish grocery delivery firm Getir announced a global restructuring on Tuesday, saying it plans to cut 2,500 jobs across five countries, or 10.9% of its total workforce.
Getir will continue to operate in Turkey, the UK, Germany, the Netherlands and the United States, the company said in a statement. It last month announced its exit from Italy, Spain, and Portugal.
"Decisions like these are never taken lightly," Getir said in a statement.
Ultra-fast delivery services multiplied during the COVID-19 pandemic, boosted by demand from shoppers stuck at home, but a stronger than expected return to physical stores has bruised performance for Getir and other online-only retailers.
Getir said it aims for the restructuring to "significantly increase operational efficiency".
(Reporting by Helen Reid; Editing by Kirsten Donovan)
