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Liputan6.com, Jakarta A storm of layoffs (PHK) has once again hit the technology sector in the United States.
Software startup Flexport plans to cut around 20% of its global workforce as part of a new round of layoffs expected to begin on Friday (13/10).
Quote CNBC International, Friday (10/13/2023) Flexport CEO Ryan Petersen sent a memo to his staff Thursday afternoon informing them of the news of the layoffs.
“Today I have a difficult decision to share: we will reduce the size of our global team by approximately 20 percent starting tomorrow, Friday, October 13,” Petersen wrote.
However, the spokesperson declined to specifically reveal the total number of Flexport employees affected by the layoffs.
Flexport is known to employ around 3,500 people at the end of September, according to Pitchbook data.
In his blog post, Petersen said that after the cuts, Flexport would be “well positioned to capitalize on the opportunities before us and return to profitability as early as the end of next year.”
“This layoff decision will have no impact on the customer experience,” Petersen added.
He said the company focuses on the quality of its services such as accuracy of offers, invoices and accuracy of delivery achievements.
“Today is a difficult day, but we are a resilient, goal-oriented team that will overcome this setback and fulfill the promise of our mission to make global trade so easy that there will be more global trade,” did he declare.
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