Given the significant downturn in global financial markets, Airlift is implementing a strategic restructuring to limit the scope of operations and enhance concentration on core areas that promote sustainability and profitability.
According to an official press statement from the delivery service provider, Airlift is withdrawing from several areas, including Faisalabad, Gujranwala, Sialkot, Peshawar, Hyderabad, Johannesburg, Cape Town, and Pretoria, as part of efforts to minimize surface area.
“Additionally, the firm is moving 8-10 dark stores in our main markets (Lahore, Karachi, and Islamabad), which contribute to about 90% of our sales,” the statement said.
Moreover, The activities mentioned above are part of Airlift’s strategy to focus on size and profitability in areas with significant scale and high order density.”
According to a company statement, Airlift decreases employment by 31% across all regions and restricts the number of categories available on the platform. “The choice to part ways with excellent coworkers was extremely difficult for the firm.” “Airlift is dedicated to offering financial and placement assistance to impacted teammates to help them find new positions,” it said.
However, the changes mentioned above are crucial to Airlift’s long-term mission of empowering customers and harnessing technology to provide customer-centric solutions. According to the statement, Airlift hopes to attain tremendous depth in critical areas and give higher value to clients in our central regions by narrowing the range of its activities.
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