High-Flying Lunchbox Lays Off a Third of its Staff

Lunchbox, one of the most prominent and outspoken tech companies in the delivery space, announced a significant round of layoffs just months after acquiring NovaDine and receiving $50 million through a Series B investment round. Company co-founder and CEO Nabeel Alamgir announced the layoffs in a post on LinkedIn, and said it was “an incredibly …

ChowNow CEO: More restaurant tech industry layoffs are coming

ChowNow, a commission-free online ordering platform for restaurants, boasted its best sales month of the year in June. The company is also losing fewer accounts than ever in its history, and it’s client base is at an all-time high. So why did it lay off nearly 100 employees last week? The answer is one CEO Chris Webb …

A food-tech CEO says he went ‘cold turkey’ after being ‘addicted’ to cheap venture capital and laid off 97 staffers to prep for a recession

Chris Webb cofounded ChowNow in 2011 to help independent restaurants with digital orders. The food-tech firm provides the industry a commission-free marketplace for web orders. In an interview with Insider, Webb explained why he cut 97 workers last week. On June 1, JPMorgan CEO Jamie Dimon told investors to prepare for an economic “hurricane.” Chris …

Lunchbox cuts 33% of staff. The food tech startup had raised $72 million to give restaurants an alternative to Grubhub and DoorDash.

Lunchbox offers digital ordering, loyalty, and marketing services for restaurants. The startup is led by industry provocateur Nabeel Alamgir, who got his start as a New York busboy.  On Thursday, the CEO told Insider that the company had grown “bloated” and had to cut 60 employees. Lunchbox, a New York-based food-tech startup whose CEO is …

Just Eat Takeaway scales back in France as market value drops 84% in 10 months

Just Eat Takeaway is cutting 390 jobs from its workforce in France, constituting part of a broader global restructuring effort as the food delivery giant looks to reverse its recent downturn. Just Eat Takeaway is the result of a $7.6 billion merger between the U.K.’s Just East and Dutch rival Takeaway.com back in 2020. Shortly after, the …

ChowNow lays off almost 100 employees

Dive Brief: ChowNow has laid off almost 100 people across various teams, including onboarding, operations and sales, the company confirmed. TechCrunch first reported the news on Wednesday.  “We have had to make the difficult decision to lay off team members this week. We are deeply grateful for their contributions and they will receive our full support during this …

CHOWNOW LAYS OFF 20% OF ITS STAFF IN TECH’S LATEST CUTBACK

Online ordering provider ChowNow laid off about 20% of its staff this week as it hunkers down for what co-founder and CEO Chris Webb likened to a storm brewing in the financial markets. The cuts, he said, will allow the company to weather the expected economic downturn without the help of outside funding. As inflation …

Signaling tough times ahead, ChowNow lays off employees

ChowNow, a startup that builds branded online ordering systems for restaurants, today announced layoffs internally, TechCrunch has learned. According to several sources who spoke to this reporter on the condition of anonymity, around 100 people were affected across teams including onboarding, operations, and sales. “We, like every company, plan our annual budgets far ahead of …