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German Online Fashion Giant Zalando Cuts 2,700 Jobs
(MENAFN- The Peninsula)
AFP
Frankfurt, Germany: German online fashion retailer Zalando said Thursday that it would close a distribution centre in the eastern city of Erfurt and lay off 2,700 employees to restructure its European logistics network.
The centre, which accounts for nearly one-sixth of Zalando's employees, will cease operations by the end of September, the company said in a statement.
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