Delivery Startup Gopuff Cuts 10% of Staff, Closes Warehouses to Preserve Cash
The retrenchment marks a sharp reversal for the fast-delivery startup that has been growing at breakneck speed
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Gopuff is slashing 10% of its global workforce and closing dozens of warehouses, reining in spending following signs the delivery company expanded too quickly during the pandemic.
The job reductions will affect about 1,500 staff members, a mix of corporate and warehouse employees in the US, according to a memo to investors viewed by Bloomberg. It’s the second time in four months the embattled startup has eliminated positions. It cut about 3% of jobs in March and shelved plans to go public.