Online car retailer Cazoo is planning to cut 750 jobs. It comes as the firm plans to axe its used car markets in the European Union.
Company bosses said they had taken the "tough decision" to focus solely on the UK business. It is estimated it will save more than £100 million by shaving off the 15% of its workforce that is based in the EU.
It also plans to wind down its operations in German and Spain. Consultation is also underway with employee representatives in France and Italy over the closures.
