Bol.com is noticing the effects of inflation: consumers are spending less at the e-commerce platform. Therefore, it is going to save 225 million euros over the next three years, including by cutting 300 jobs.
So reports Het Financieele Dagblad, which got hold of a recording of a staff meeting. Bol.com confirmed the reporting. Due to steep energy prices and inflation, consumers are spending less money. This is reflected in bol.com's figures: in the second quarter this year, sales fell 2.1 per cent from a year earlier. The announcement does not mean that bol.com is not doing well, a spokesperson told NOS. Sales still increased last quarter. In addition, the e-commerce platform is still gaining market share.
Bol.com is cutting marketing budgets and purchasing costs over the next three years. The jobs that disappear involve one hundred temporary contracts that will not be renewed. The remaining two hundred jobs involve natural attrition, because people leave their jobs, for example.