Flexport is planning to cut nearly 20% of its staff, or about 500 people, as the freight forwarder struggles to regain its financial footing following a slump in shipping demand, according to a person familiar with the matter.
Flexport is planning to cut nearly 20% of its staff, or about 500 people, as the freight forwarder struggles to regain its financial footing following a slump in shipping demand, according to a person familiar with the matter.