JANUARY 8, 2024 — ANOTHER 99 GONE
In another round of layoffs, Flex cut another 38% of its workforce which impacted 99 employees.
A company spokesperson said in a statement, “Flexe made the decision given the ongoing market volatility in the logistics industry driven by continued macroeconomic uncertainty. While we have a very strong cash position, it is important that we preserve our ability to continue investing in the business."
CEO Karl Siebrecht noted, “Flexe made the decision given the ongoing market volatility in the logistics industry driven by continued macroeconomic uncertainty. While we have a very strong cash position, it is important that we preserve our ability to continue investing in the business. We remain committed to supporting our departing employees and to continuing to provide world-class service to our customers.”
OCTOBER 10, 2023 — Original blog…
Seattle, Washington-based Flexe, a provider of a cloud-based logistics platform to manage eCommerce fulfillment, retail distribution, same-day delivery, and network capacity programs to the Fortune 500, has announced a 33% reduction in its workforce.
Approximately 131 employees, including logistics, solutions and integration analysts, and senior software engineers located in Seattle, Washington, are impacted by the layoffs which will commence November 27, 2023.
A company spokesperson noted, that the decision was driven by the need to stay ahead of the changing economic environment that most logistics businesses are experiencing."
"We have made the difficult decision to part ways with 33% of staff. We are sincerely saddened to lose such great talent. Our team remains focused on serving our enterprise customers.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?