Online fashion retailer Zalando to cut hundreds of jobs on more challenging outlook

German-based Zalando said the pandemic had boosted business in 2020 and 2021, but growth had faded since 2022.

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.

German-based 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.