
Just Eat Takeaway reported a 1% drop in orders in the first quarter of 2022 (Gareth Fuller/PA)
(Picture: PA Archive)Just Eat Takeaway has become the latest company to feel the squeeze from soaring inflation and the rising cost of living as it announced a major shift in its strategy.
The £4.8 billion food delivery company today vowed to cut costs, sell off its US business and make a profit, turning its back on the strategy of rapid growth fuelled by losses that has driven the company to date.