Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Glovo plans to lay off 750 workers in Spain
    Finance

    Glovo plans to lay off 750 workers in spain

    Published by Global Banking & Finance Review®

    Posted on March 11, 2026

    1 min read

    Last updated: March 11, 2026

    Glovo plans to lay off 750 workers in Spain - Finance news and analysis from Global Banking & Finance Review
    Tags:FinanceBankingMarkets

    Quick Summary

    Glovo, owned by Delivery Hero, plans to lay off 750 riders in Spain via a collective dismissal (ERE), scaling back service in over 60 cities to avoid closure, while maintaining operations in more than 800 others. The move follows a recent shift from a freelance to fully employed model amid legal and

    Table of Contents

    • Glovo Announces Major Workforce Reduction Amid Service Cutbacks
    • Background of the Layoffs
    • Impact on Delivery Operations
    • Reduction in Service Areas
    • Official Statements and Reporting

    Glovo to Lay Off 750 Employees in Spain as Delivery Services Scale Down

    Glovo Announces Major Workforce Reduction Amid Service Cutbacks

    Background of the Layoffs

    BARCELONA, March 11 (Reuters) - Glovo, a subsidiary of Delivery Hero, plans to lay off 750 workers in Spain, it said on Wednesday as it is forced to reduce its delivery service in more than 60 locations to avoid closure.

    Impact on Delivery Operations

    Reduction in Service Areas

    Glovo is scaling down its delivery service in more than 60 locations, a move aimed at preventing the closure of its operations in Spain.

    Official Statements and Reporting

    (Reporting by Joan Faus; writing by Emma Pinedo; editing by Charlie Devereux)

    Key Takeaways

    • •Glovo has announced layoffs of up to 750 delivery workers across about 60 Spanish locations to prevent service closures in those areas, while continuing operations in over 800 other cities. (elpais.com)
    • •The company transitioned from a ‘false self‑employed’ model to hiring riders as employees less than a year ago, hiring around 14,000 of over 30,000 offered contracts—layoffs now follow that shift. (cadenaser.com)
    • •Glovo faces mounting regulatory and financial challenges, including large fines for labor violations and antitrust issues, compounding the impact of its recent restructuring. (euroweeklynews.com)

    References

    • Glovo anuncia un ERE que afectará a unos 750 repartidores
    • Glovo anuncia un ERE a 750 repartidores meses después de contratar a los falsos autónomos
    • Glovo reaffirms commitment to Spain
 « Euro Weekly News

    Frequently Asked Questions about Glovo plans to lay off 750 workers in Spain

    1How many workers is Glovo planning to lay off in Spain?

    Glovo plans to lay off 750 workers in Spain.

    2Why is Glovo reducing its delivery service in Spain?

    Glovo is reducing its delivery service in over 60 locations to avoid closure.

    3Which company owns Glovo?

    Glovo is a subsidiary of Delivery Hero.

    4In how many locations is Glovo reducing its delivery services?

    Glovo will reduce its delivery services in more than 60 locations.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Image for Poland has one-off chance to use gold profits for defence, central bank chief says
    Poland has one-off chance to use gold profits for defence, central bank chief says
    Image for Tesla delivery slide may stretch to third year, some fear, as cash burn looms
    Tesla delivery slide may stretch to third year, some fear, as cash burn looms
    Image for BP, Chevron are top spenders at small US Gulf of Mexico oil and gas auction
    BP, chevron are top spenders at small US gulf of Mexico oil and gas auction
    Image for ECB's Schnabel warns of scars from post-pandemic inflation spike
    ECB's schnabel warns of scars from post-pandemic inflation spike
    Image for Musk unveils joint Tesla-xAI project 'Macrohard', eyes software disruption
    Musk unveils joint Tesla-xAI project 'Macrohard', eyes software disruption
    Image for Nominations Open for the Best Green Bond Issuer Portugal 2026
    Nominations open for the best green bond issuer portugal 2026
    Image for Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
    Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
    Image for Rheinmetall says Iveco military trucks deal delayed as Leonardo yet to close purchase
    Rheinmetall says iveco military trucks deal delayed as leonardo yet to close purchase
    Image for Exclusive-Russia prepares 10% cut to 'non-sensitive' spending in 2026, sources say
    Exclusive-Russia prepares 10% cut to 'non-sensitive' spending in 2026, sources say
    Image for Gazprom says facilities attacked including TurkStream pumping station
    Gazprom says facilities attacked including TurkStream pumping station
    Image for Italy's CDP sues Euronext over Milan bourse spat, sources say
    Italy's CDP sues euronext over milan bourse spat, sources say
    Image for UK prosecutors lose appeal to reinstate terrorism charge against Kneecap rapper
    UK prosecutors lose appeal to reinstate terrorism charge against kneecap rapper
    View All Finance Posts
    Previous Finance PostItaly's CDP sues euronext over milan bourse spat, sources say
    Next Finance PostUK prosecutors lose appeal to reinstate terrorism charge against kneecap rapper