Zalando to cut hundreds of jobs

BERLIN: German online fashion retailer Zalando is to cut hundreds of jobs across the company, citing over-expansion in some areas and a more difficult economic environment since the coronavirus pandemic.

Zalando said the pandemic had boosted business in 2020 and 2021, but these tailwinds had faded since 2022 and the macroeconomic environment had become more challenging.

“We have decided to start a programme that will remove several hundred overhead roles across many of our teams,” the company said in a statement on Tuesday.