HomeJobsGetir ends European expansion with 1,500 UK job losses expected

Getir ends European expansion with 1,500 UK job losses expected


Related stories

TGF Türkiye Golf Turu 8. Ayak, Antalya’da devam ediyor

Türkiye Golf Federasyonu'nun 2024 faaliyet takviminde yer alan TGF...

Knight Online’ın Türkiye sahibine KVKK’dan ceza

KVKK, internet ortamında faaliyet gösteren çevrim içi Knight Online...

Jose Mourinho dan geleceği hakkında flaş açıklama

Emanuel Roşu'ya açıklamalarda bulunan Mourinho, "Kariyerimdeki en büyük başarı,...

2024 MEB YKS online giriş sayfası!

Milli Eğitim Bakanlığı, 2024 YKS öncesinde Türkiye genelinde yapılacak...

A Milli Takım EURO 2024 Aday Kadrosu Belli Oldu

Türkiye Futbol Federasyonu, heyecanla beklenen EURO 2024 için A...

Getir, the grocery delivery app, has abandoned a European expansion that is set to result in the loss of around 1,500 jobs in the UK.

Sky News had previously revealed that the Turkey-based company, which means ‘to bring’ in Turkish, had successfully raised money from investors to fund its withdrawals from the UK, Germany and the Netherlands.

It had already departed other countries including Italy and Spain.

The exits were prompted by growing losses linked to the company’s rapid expansion.

Its UK competitors include Deliveroo and DoorDash.

The restructuring will leave Getir, which was founded in 2015 and once had a value of $12bn, as a business focused on its domestic market.

Getir said it was to retain its US business FreshDirect – only bought a few months ago.

The company was yet to confirm exactly how many were to lose their jobs across the UK operation.

It is understood that it employed up to 1,500 people. They include warehouse staff, managers and riders.

In a statement on Monday, Getir said its non-Turkish business was accounting for only 7% of its revenues.

“Getir has raised a new investment round, led by Mubadala and G Squared.

“Getir will utilize these funds to bolster its competitive position in its core food and grocery delivery businesses in Turkey.

“Getir expresses its sincere appreciation for the dedication and hard work of all its employees in the UK, Germany, the Netherlands, and the US,” it concluded.

This breaking news story is being updated and more details will be published shortly.

Please refresh the page for the fullest version.

You can receive Breaking News alerts on a smartphone or tablet via the Sky News App. You can also follow @SkyNews on X or subscribe to our YouTube channel to keep up with the latest news.

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories