More

    Just Eat to axe more than 1,700 jobs in UK

    (Photo by BEN STANSALL/AFP via Getty Images)

    Food delivery platform Just Eat Takeaway unveiled plans Tuesday to axe more than 1,700 mostly courier jobs in Britain, as it slashes costs in the wake of huge annual losses.

    The UK business “is reorganising and simplifying its delivery operation as part of the ongoing goal of improving efficiency”, it said in a statement emailed to AFP.

    “As part of this process we have proposed to transition away from the worker model for couriers” in Britain, it added.

    Just Eat Takeaway said its UK division will stop employing its own couriers – and instead will only use self-employed gig economy workers.

    Approximately 170 staff in its UK operations team will also be affected by the overhaul, but some could be redeployed.

    Just Eat Takeaway had revealed earlier this month that acquisition write-downs, the souring economic climate and rising interest rates sparked a massive loss of about €5.7 billion euros (£5bn) last year.

    The Amsterdam-based company was created in 2020 after Dutch online service Takeaway.com gobbled up Britain’s Just Eat, and business subsequently boomed on the back of the Covid pandemic-fuelled surge in home delivery, which has since subsided.

    The group has also put Grubhub up for sale as it seeks to focus on Europe, having already slashed the value of the US subsidiary it bought for $7.3 billion (£6bn) in 2020.

    Latest

    The slice is right: the great British sandwich debate

    How to slice a sarnie can be a contentious...

    Cloetta UK launches Chewits’ first-ever chewy gummies

    Chewits has shaken up its confectionery offering with the...

    Applications open for Welsh government’s Future Proofing Fund

    The Welsh government has announced the opening of applications...

    Bestway rebrands Best-one as Best-in

    Bestway Wholesale has rebranded its Best-one own-label range as...

    Don't miss

    The slice is right: the great British sandwich debate

    How to slice a sarnie can be a contentious...

    Cloetta UK launches Chewits’ first-ever chewy gummies

    Chewits has shaken up its confectionery offering with the...

    Applications open for Welsh government’s Future Proofing Fund

    The Welsh government has announced the opening of applications...

    Bestway rebrands Best-one as Best-in

    Bestway Wholesale has rebranded its Best-one own-label range as...

    Banks brace for new deal with Post Office over cash access fee 

    Britain's biggest banks are set to get in talks...

    Applications open for Welsh government’s Future Proofing Fund

    The Welsh government has announced the opening of applications for the Future Proofing Fund, designed to support micro, small, and medium businesses in the...

    Bestway rebrands Best-one as Best-in

    Bestway Wholesale has rebranded its Best-one own-label range as Best-in. As announced on Wednesday (15), Bestway's new range has been specially designed for its...

    Banks brace for new deal with Post Office over cash access fee 

    Britain's biggest banks are set to get in talks with the Post Office over a new deal to allow millions of their customers to...