Food delivery company says it is no longer accepting orders through its app and has entered voluntary administration Deliveroo is quitting the Australian market, with the food delivery service announcing it had suspended orders made through its app and entered voluntary administration. In an email to customers on Wednesday, the company said it had made …
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ASAP, the food delivery company formerly known as Waitr, will lay off 89 people in January, according to a WARN notice filed with the Louisiana Workforce Commission. The notice filed earlier this month stated the employees would be laid off on January 10 from its downtown Lafayette office. The layoffs come after ASAP reported a …
Continue reading “After $73.5 million loss for Waitr, now ASAP, nearly 90 people to be laid off”
Lyft Co-Founder John Zimmer joins Yahoo Finance Live to discuss the company’s latest quarterly earnings, the sell-off in the stock, the outlook for profitability and growth, recent mass layoffs, competing for market share with Uber, and the future of autonomous vehicles. Video Transcript [BUZZING] – Lyft stock is downshifting after the company posted slowing revenue growth …
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Lyft said Thursday it is laying off 13% of its workforce as it tries to reduce operating expenses, according to a securities filing. The ride-hailing company described the cuts as proactive step to ensure it “is set up to accelerate execution and deliver strong business results in Q4 of 2022 and in 2023.” Lyft also reiterated …
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Dive Brief: Gopuff recently held layoffs impacting its customer service team as part of the company’s restructuring effort and previously announced decision to cut its workforce by 10%, according to the company. In this latest staff reduction, Gopuff let go as many as 250 employees, according to Bloomberg. Gopuff’s layoffs and restructuring come at a time when technology …
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 …
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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 …
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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 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 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 …
Continue reading “Just Eat Takeaway scales back in France as market value drops 84% in 10 months”
