The dwindling buying mood of consumers causes Zalando to cut jobs. “Several hundred” of the 17,000 jobs would be lost, the online fashion retailer wrote in a circular to employees. “In recent years, some areas of our company have grown too much. This is a very difficult but necessary step to make the best possible use of the challenges and opportunities that the future holds for us.” At first she had Financial Times reported on the plans. Zalando had given a cautious outlook when it published its quarterly figures in November 2022. At the same time, the Dax group warned that the medium-term goals would only be achieved with some delay, if at all.
Online fashion retailer – Zalando cuts jobs – Economy
