Flexport has confirmed that some 50 jobs, or about 3% of its global staff, have been cut in an attempt to “correct its course”.
The company, founded in 2013, has experienced steep growth, but at the same time has had to adapt to new trade outlooks and new areas of experience. As a result, said the company, some parts of the business needed restructuring.
“We’ve course-corrected on our path to profitability, restructuring …
Source: The Loadstar