Getir Layoffs

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Getir, the European speedy grocery giant, is preparing for a new round of layoffs in its UK office following its merger with rival Gorillas. This move, expected in early 2023, is part of the integration process to eliminate overlapping roles after the two companies, which offered similar services in many of the same locations, combined in a deal valuing the entity at $10 billion. While the exact number of UK layoffs is undisclosed, it is anticipated to be smaller than the drastic cuts in 2022, when Getir reduced its global workforce by 14% (4,400 employees) amid a market downturn. The industry-wide challenges in the rapid grocery delivery sector continue to drive these cost-cutting measures as the merged company seeks to prove the deal's value to investors.

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