Glovo

Glovo laid off 22 employees on 2024-05-25.

Glovo laid off 25 employees on 2024-04-12.

Glovo, a Spanish on-demand delivery startup, laid off 250 employees, representing approximately 6.25% of its global workforce of around 4,000. The layoffs, announced in June 2022, were part of a restructuring effort to streamline operations and achieve profitability amid challenging market conditions in the tech and delivery industry. The company, operating at a global scale, cited the need to adapt its organizational structure to ensure long-term sustainability and focus on core markets.

In January 2023, Barcelona-based food delivery company Glovo announced layoffs affecting 6% of its workforce, totaling 250 employees out of approximately 3,900. The company cited the macroeconomic downturn, including rising inflation and reduced consumer spending, as the primary reasons, alongside a need to address inefficiencies from its rapid 40% year-on-year growth. This decision followed shortly after Glovo faced significant fines from the Spanish government for alleged labor law violations and is under EU investigation for antitrust concerns, though the company stated the layoffs were unrelated to these penalties. As a scaleup in the European tech and food delivery industry, Glovo also plans to cut operational expenses and limit hiring to critical roles through mid-2023.