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Overconfidence drives digital forwarder layoffs

Plummeting VC funding also factor, Ti white paper finds

Stuart ToddbyStuart Todd
July 18, 2023
in News
Reading Time: 4 mins read
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Staffing redundancies at several technology-oriented forwarders over the past year have resulted from overconfidence in company growth prospects and plummeting venture capital funding.   These are the main takeaways from “Layoffs in the Digital Forwarding Sector amid the Broader Industry Downturn & Ongoing Economic Uncertainty,” a white paper released today by research analyst Transport Intelligence (Ti).  […]

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