Private transport platform Free Now will close its operations in Portugal in April “to improve efficiency and cost structure” and intend to compensate its employees in the country, he told Luce.
In a message sent this Friday to its customers, Free Now indicated that “from 23:59 Lisbon time on April 3” it will close its operations in Portugal, which is “a difficult decision to make.”
Asked by Lusa, the company that transports individual passengers in an unmarked vehicle, said based on its report in Spain that “to make Free Now successful in the long run, the company is looking to place more emphasis on profitability and cost reduction. efficiency”.
“The company is looking for improvements to continue its successful course of sustainable growth, which means it must take steps to improve efficiency and cost structure, including investment decisions in selected markets. As part of this strategic direction, Free Now has made the decision to end its investment in the Portuguese market,” the Lusa platform explained.
Indicating that the service in Portugal ends within a month, Free Now indicated in a written response sent to Lusa that it is “currently terminating all ongoing partnerships.”
“All employees who worked in this market will suffer. We will talk individually to determine how they will be affected, and compensation will be offered to each leaving, ”the company explained, without specifying.
“Each victim will be offered compensation depending on their geographic location and stay. Free Now offers compensation that, in many cases, goes beyond legal requirements,” the company said in a statement.
In a message sent to customers, the platform said it was “extremely grateful to all passengers and drivers who have improved their stay in Portugal.”
Free Now is a private transportation platform – a competitor to companies like Uber or Bolt – that is available in more than 170 cities across Europe.
Headquartered in Germany and employing 1,850 people, Free Now was born from the merger of transport apps Kapten (formerly Chauffeur Prive) and MyTaxi.
Author: Portuguese
Source: CM Jornal
I’m Sandra Hansen, a news website Author and Reporter for 24 News Reporters. I have over 7 years of experience in the journalism field, with an extensive background in politics and political science. My passion is to tell stories that are important to people around the globe and to engage readers with compelling content.