The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Via Stalls And Markets Or Other 47.99 - Other Retail Sale Not In Stores, Stalls Or Markets
5,600 jobs Number of planned job losses
Announcement Date
29 April 2024
Employment effect (start)
29 April 2024
Foreseen end date
Description
Turkish online food delivery platform Getir has announced that it will cut about 5,600 jobs globally.
The company has announced that it will cease its operations in the United States, the UK and Europe (including Germany) to focus on its home market of Turkey. According to the sources, about 1,500 positions will be affected in the UK, about 1,800 jobs in Germany, and about 2,300 jobs in the United States. There is no information on the restructuring process in the Netherlands, the second European country, after Germany, where the company still operates.
Founded in 2015, Getir operates in Turkey, the United States, the UK, Germany, and the Netherlands. In 2023, the company employed about 32,000 staff globally.
The previous global restructuring event has been recorded in the ERM events database: Getir-2022-WO.
Eurofound (2024), Getir, Closure in World, factsheet number 201259, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201259.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
