Spanish courier service startup Glovo laid off 250 employees, or 6.5% of its staff, citing a drop in order volume.  The majority of the employees have been laid off at the Barcelona headquarters from the business support, recruitment, and data management divisions.  The move is a culmination of nine-month-long cost-cutting efforts as the company aims for double-digit growth.  The Spanish Labour Ministry fined the company $62M (€56.7M) last week for violating hiring laws related to delivery drivers, citing 8,000 workers who were not properly hired or did not have work permits. Glovo was acquired by the German local delivery platform Delivery Hero. The venture-backed firm has raised $1.2B in total funding to date from institutional investors like Lugard Road Capital, Luxor Capital, Lakestar, Cathay Innovation, and Rakuten.