Food delivery startup Getir to cut 11% of workers in global restructuring

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FILE PHOTO: Employee of Turkish fast grocery-delivery company Getir rides to deliver an online grocery delivery in Istanbul

LONDON (Reuters) – 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)

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