Logistics startup Flexport said it laid off 20% of its workforce Wednesday morning. The aggressive restructuring, which will impact upwards of 600 people, comes just two months after Flexport announced plans to hire 400 engineers and double the size of its technical team by the end of 2023. The company claims those plans remain unchanged. The company didn’t say which departments within the...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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