https://www.businessinsider.com/flexport-layoffs-ceo-announces-20-workforce-reduction-2023-10
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- Flexport will lay off 20% of the company starting Friday, according to an internal email.
- The news came several weeks after Flexport founder Ryan Petersen rejoined as CEO.
- The internal memo viewed by Insider said the layoffs would help get Flexport back to profitability.