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Insider UK
Insider UK
Business
Peter A Walker

Cazoo consults on Scottish closures - with 100 jobs at risk

Cazoo is consulting with staff on the closure of its three sites in Scotland, in a move that could lead to the loss of about 100 jobs.

The online used car dealer reported its fourth quarter preliminary results last week, alongside a revised strategic plan for 2023.

Despite growth in UK revenue to approximately £315m in the final quarter and £1.24bn over the full year, the business is still yet to reach profitability, with further actions being undertaken to achieve "optimisation of business and operations".

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