Logistics

Flexport prepares for another round of layoffs

The freight forwarder is still struggling to get its finances back on track after several challenging years.
Ryan Petersen, founder of Flexport | Photo: Arnd Wiegmann/Reuters/Ritzau Scanpix
Ryan Petersen, founder of Flexport | Photo: Arnd Wiegmann/Reuters/Ritzau Scanpix
by SEBASTIAN SCHLÜTER JACOBSEN

According to the Wall Street Journal, US freight forwarder Flexport is preparing to lay off 20% of its workforce, affecting approximately 500 people. 

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