Zalando to Cut Hundreds of Jobs

  • Online fashion retailer Zalando is planning to lay off hundreds of employees.
  • The company’s last quarterly earnings report in November indicated that revenues and operating profits may reach the lower end of their target range.
  • This is due to sluggish consumer sentiment and high inflation.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications