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factory
Cazoo
corporate_fare
Transportation
where_to_vote
London, Non-U.S.
paid
Funding Stage - IPO
person
Layoff Count - 200

Posted on September 08, 2022

Cazoo exits EU and extends layoffs to 1,500 people

Cazoo exits EU and extends layoffs to 1,500 people

As these employees’ futures are thrown into uncertainty, Cazoo said that an “orderly wind-down” of operations in Spain and Germany has begun. In France and Italy discussions with union representatives are underway — a process companies are obliged to undergo if they’re laying off employees.
Cazoo has only been active in the European Union since the start of the year, but has recently undergone a strategic review of its business there, it said, and concluded that it should focus its attention solely on the UK market.