📉 Layoffs in Response to Sales Drop
Just Eat announced it will cut 300 jobs globally, about 2% of its workforce, ahead of Christmas. This decision comes after the company's Q3 2024 financial report showed a 3% decline in sales compared to last year. A steep 12% drop in U.S. sales offset growth in the UK and Ireland, where sales rose by 6%. The reduction will impact roles across 11 regions in service, technology, marketing, and logistics, aiming to improve operational efficiency.
💼 Just Eat’s Statement on “Tough” Decision
A spokesperson from Just Eat called the job cuts a "tough but necessary step." This action is part of a broader plan to "fuel sustainable growth" by streamlining operations. The spokesperson highlighted that the move follows an extensive internal review. They assured affected employees would receive enhanced severance packages, career transition support, and mental health resources, emphasizing the company’s commitment to responsible downsizing.
🌍 Redundancies Span Multiple Regions
The job cuts will affect 11 global regions, targeting positions in departments including technology, human resources, and marketing. The restructuring aims to reduce Just Eat’s cost base and improve service for customers and couriers. Just Eat’s challenges echo broader issues in the food delivery sector, where high competition and economic pressures are reshaping priorities, especially in the U.S. market.
📈 Adjustments Despite Financial Stability
Just Eat maintains that its finances remain healthy despite the recent sales dip. The company expressed confidence that these adjustments will help deliver a better experience to customers and partners. Last March, Just Eat also cut 1,870 jobs in the UK, including 170 operational roles, as it transitioned to contract-based couriers. With these actions, Just Eat hopes to secure a more sustainable growth trajectory.
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