Yield May Downsize by 14%

Getir, which has recently started to serve in many countries, has achieved a huge growth. A piece of news emerging today suggests that the company may downsize.

Getir gained a large market share in a short time and started to serve in almost every field. Although its services caused controversy in some countries, Getir has become a popular application.

Our expectations about the company, which has reached a large number of users in the world with its growth, is to have more services in more countries. However, the news that emerged today showed that Getir, like the whole world, was going through difficult times.

Going to shrink by 14%

According to the news of TechCrunch, in a presentation made by Getir today, it was announced that the company will downsize. In the news containing the explanations included in the presentation, The aggressive growth of Getir negatively impacted the company. is stated. The company, which was going through hard times economically as it is all over the world, had to make a difficult decision together with its management team.

It is stated in the news that as a result of long discussions, it was decided that a reduction of 14 percent would be made. However, this The percentage rate of shrinkage may vary from country to country. is reported. In the statement that they made a difficult decision, it is stated that a great effort will be made to ensure that the employees get their rights. Of course, in case of downsizing, we may see a large number of employees being laid off. However, there has been no official statement from Getir yet. If there is an explanation, we will inform you about the subject again.

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Source :
https://techcrunch.com/2022/05/25/getir-the-12b-instant-delivery-startup-plans-to-axe-14-of-staff-globally-and-cut-aggressive-expansion-plans/


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