1 year ago
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We grew our headcount too fast and face serious economic headwinds, says CEO Will Shu
Deliveroo is to cut 350 roles amid a fall in online orders as cash-strapped consumers rein in spending.
The boss of the online delivery firm, which weathered a disastrous £7.6bn float on the London Stock Exchange two years ago that was nicknamed “flopperoo”, admitted that the downsize comes after being caught up in a hiring spree in a fight for growth and market share against competitors.
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