In wake of CEO departure controversy, Flexport announces another round of layoffs

In wake of CEO departure controversy, Flexport announces another round of layoffs

Yet more turmoil was announced by the beleaguered freight logistics software startup Flexport Inc. today, as it revealed plans to cut up to 30% of its workforce. The layoffs are being made to shore up Flexport’s financial situation, which has been hit by a big decline in revenue, unnamed sources told The Wall Street Journal. According […]

The post In wake of CEO departure controversy, Flexport announces another round of layoffs appeared first on SiliconANGLE.