“Our fortress balance sheet continues to be one of our most strategic assets as we navigate the uncertain waters of global trade in the 21st century in pursuit of this vision,” he added. Back in May, Shopify sold its logistics business to Flexport in exchange for a 13 per cent stake in the company. Flexport Layoffs: Logistics Firm To Lay Off Another 20% of Its Workforce, Says Report.
Get latest articles and stories on Business at LatestLY. Bangalore (Karnataka) [India], January 27: In a spectacular showcase of women's excellence, the 6th edition of the Karnataka Women Achievers Awards (KWAA) and the inaugural Indian Women Achievers Awards (IWAA) 2023, curated by actor and entrepreneur Spoorthi Vishwas, unfolded at Taj Yeshwantpur, Bengaluru, on December 23, 2023. Supported by C. Krishniah Chetty, this prestigious ceremony witnessed over 4500 nominees across 30 categories, with winners chosen by the erudite KWAA/IWAA jury. Business News | Celebrating Women's Triumphs: IWAA - Indian Women Achievers Awards Unveil Outstanding Achievers!.
Flexport founder Ryan Petersen said the supply chain management company will begin the layoffs process Friday as Flexport seeks to "get back to profitability without raising prices or placing our