Flexport is cutting 20% of employees, 4 months after Amazon boss Dave Clark took over the buzzy supply chain startup . Read the full layoff memo.

Jan 11 2023 by Business Insider

 
Flexport co-CEOs Ryan Petersen (pictured) and Dave Clark told their 3,000 employees that declining volumes left the startup overstaffed.

REUTERS/Arnd Wiegmann

Flexport began the process of laying off roughly 20% of its global workforce Wednesday.  Co-CEOs Dave Clark and Ryan Petersen told staff "we're going to need to be nimble" Read the full message to Flexport's roughly 3,000 employees below. 

Flexport, a supply chain startup with an $8 billion valuation, told employees on Wednesday it is...

Continue Reading Flexport is cutting 20% of employees, 4 months after Amazon boss Dave Clark took over the buzzy supply chain startup . Read the full layoff memo.