Home » Business » Bol.com will cut costs and cut three hundred jobs in the next three years | Economy

Bol.com will cut costs and cut three hundred jobs in the next three years | Economy

Bol.com will cut three hundred jobs over the next three years to save money. A spokesperson for the online store confirms this after reporting from financial time.

According to the newspaper, the online shop has to cut costs because growth has stalled. For example, this year and next the turnover should remain at the level of 2021. At the same time, bol.com is also less profitable.

The spokesperson attributes the reorganization to, among other things, the war in Ukraine, high energy prices and inflation, which means consumers have less to spend. “Like other companies in the Netherlands and Belgium, bol.com is also noticing this,” reports the online shop.

With the elimination of the three hundred jobs, the workforce will be reduced by 10%. Jobs would largely disappear through natural attrition, for example because an employee retires. One hundred contracts are temporary contracts which are not extended.

According to financial time the online shop must save 225 million euros over the next three years. The spokesman could not confirm this amount.

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