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Flexport to slash 20% of workforce

Days after Shopify funding announcement, forwarder cuts 500 jobs

Courtney BlackannbyCourtney Blackann
January 30, 2024
in Freight Forwarders
Reading Time: 3 mins read
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Days after Flexport Chief Executive Ryan Petersen announced a $260 million investment from Shopify, Flexport is preparing to cut another 20% of its workforce.  Flexport did not respond to requests for comment.  Flexport’s plans to cut 20%, or about 500 jobs, from its budget, were first reported by The Information on Jan. 26.  The digital […]

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Tags: digital freight forwardinge-commerceFlexportfreight forwardingPremiumRyan Petersen
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