Flexport, a digitally focused freight company that has been in the midst of a leadership shake-up and corporate retrenchment, plans to lay off nearly a third of its staff.
Layoffs for 30% of workers are planned for the end of this month as the company continues to face difficulties amid sharp revenue declines, The Wall Street Journal reports. The staff cuts would affect roughly 950 employees, FreightWaves reports.
The move follows the exit of Dave Clark, a former Amazon executive who had been at the e-commerce giant for 23 years, from the CEO role at Flexport last month.
Flexport founder Ryan Petersen stepped back…