
German e-commerce giant Zalando was confirmed to be the latest affected by widescale redundancies.
Hundreds of “overhead” roles will be shed in a company-wide restructuring announced February 21 by Zalando’s co-CEOs David Schneider and Robert Gentz.
Just a couple of years ago Zalando was expanding product after purchasing a Swiss computer vision platform, Fision, to generate 3D virtual bodies and clothing models.