Source: Flexport plans to lay off up to 30% of its workforce around the end of October, after a sharp revenue drop and cutting ~20% of its staff in January 2023 (Liz Young/Wall Street Journal)

Source: Flexport plans to lay off up to 30% of its workforce around the end of October, after a sharp revenue drop and cutting ~20% of its staff in January 2023 (Liz Young/Wall Street Journal)

Liz Young / Wall Street Journal:
Source: Flexport plans to lay off up to 30% of its workforce around the end of October, after a sharp revenue drop and cutting ~20% of its staff in January 2023  —  The second round of staff cuts at the freight forwarder this year comes as global shipping demand is declining