📉 Decision to Leave France
Just Eat Takeaway.com has confirmed it will shut down its French operations on December 9, 2024. This follows a consultation process announced in July 2024. The decision reflects the company’s focus on profitability and efficiency in competitive markets.
🔍 A Small Part of Their Business
The French market accounts for a minor share of Just Eat Takeaway.com's global business. Despite being a significant player globally, with 731,000 restaurant partners, the company's leadership stated that resources are better allocated to more profitable regions.
🤝 Supporting Affected Employees
Just Eat Takeaway.com emphasized its commitment to supporting employees affected by this closure. They have offered resources and assistance to ensure a smooth transition. The company noted the challenging nature of this decision, citing the need to prioritize sustainable growth.
🌍 Global Presence Remains Strong
Headquartered in Amsterdam, Just Eat Takeaway.com operates in 20+ countries, including the U.S., UK, and Australia. Its strategic pivot away from France aims to strengthen its market-leading positions elsewhere, ensuring long-term profitability and growth.
What do you think of Just Eat's French exit?
