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Pin to quick picksJust Eat Takeaw Share News (JET)

Share Price Information for Just Eat Takeaw (JET)

London Stock Exchange
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Share Price: 1,022.00
Bid: 1,018.00
Ask: 1,024.00
Change: -16.00 (-1.54%)
Spread: 6.00 (0.589%)
Open: 1,028.00
High: 1,032.00
Low: 1,010.00
Prev. Close: 1,038.00
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Just Eat Takeaway to cut 1,700 delivery workers amid takeaway slowdown

Tue, 21st Mar 2023 13:57

(Alliance News) - Just Eat Takeaway.com NV said it plans to axe around 1,700 delivery driver jobs and 170 head office roles after a slowdown in takeaway demand.

The Anglo-Dutch firm said the cuts are part of an overhaul designed to improve efficiency as its seeks to reduce costs.

It comes after the company saw a 9% slump in customer numbers last year as diners returned to pubs and restaurants.

A spokeswoman said: "Just Eat UK is reorganising and simplifying its delivery operation as part of the ongoing goal of improving efficiency.

"As part of this process we have proposed to transition away from the worker model for couriers, which is a small part of our overall delivery operations – running in certain parts of six UK cities.

"There will be no impact to the service provided to partners and customers.

"Our top priority now is to support impacted employees and couriers."

Shares in the company were 2.4% higher at 1,579.30 pence each in London on Tuesday afternoon.

source: PA

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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