Wednesday, 25 May 2022

Airlift is closing service in few cities

Due to the major slowdown in global capital markets, Airlift is undergoing a strategic restructuring to minimise its operational footprint and focus on critical areas that provide long-term sustainability and profitability.

Cities included

According to an official press statement from the delivery service provider, Airlift is dropping out of several areas, including Faisalabad, Gujranwala, Sialkot, Peshawar, Hyderabad, Johannesburg, Cape Town, and Pretoria, as part of attempts to lower the surface area.

"Additionally, the firm is moving 8-10 dark stores in our main markets (Lahore, Karachi, and Islamabad), which contribute for about 90% of our revenue," the statement said. The foregoing activities are part of Airlift's strategy to focus on growing scale and profitability in markets with high order density and scale." 

Airlift is decreasing employment by 31% across all markets and limiting the amount of categories on the platform, according to a company statement. "For the organisation, making the decision to part ways with talented teammates has been extremely difficult. "Airlift is dedicated to providing financial and placement support to help affected teammates find new roles," it added.

The above changes are a crucial step toward Airlift's long-term goal of empowering people and using technology to provide customer-centric solutions. Airlift hopes to attain tremendous depth in key areas and give higher value to clients in our main markets by decreasing the breadth of its operations, according to the statement.

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