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...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
