Flexport is laying off 20% of its workforce
1–10 of 85 posts
Re: Flexport is laying off 20% of its workforce
#2Re: Flexport is laying off 20% of its workforce
#3Oof.
Friday the 13th.
Re: Flexport is laying off 20% of its workforce
#4It seems odd to use the term “departing Flexporters” as the identity of those employees who are being let go.
Re: Flexport is laying off 20% of its workforce
#5do they make much money? and what sort of moat do they have?
Re: Flexport is laying off 20% of its workforce
#6Flexport were advertising for roles on HN a few months ago. I'm sure they come up regularly for roles?
Re: Flexport is laying off 20% of its workforce
#7> I evaluated every role in the company and its relationship to solving important supply chain problems for our customers
And somehow that ended up with the nice round number of 20%.
Re: Flexport is laying off 20% of its workforce
#8Apparently they’ll have a billion in net cash after this change, which is over a million dollars per “departing flexporter.”
And yet the employees get a barebones 9 week severance.
Lame.
Re: Flexport is laying off 20% of its workforce
#9This isn’t great optics: https://archive.ph/pxy91
Serious question: with how much instability there is with this company, why would anyone want to work there? Are they the best in their business and just have hit a rough spot? Why is Flexport so commonly discussed here?
Re: Flexport is laying off 20% of its workforce
#10So shopify cut its logistics to flexport, who are now cutting 20% of its company. Must be really shitty to anyone unlucky enough to go through that :(