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Grubhub to layoff 15 per cent of its workforce

Food delivery company grub hub to cut off around 400 Jobs, downsizing its workforce by 15 per cent. The The move comes in as the company seeks to reduce costs – in order to stay competitive. In a message to employees, Howard Migdal, Who assumed the position of the company’s chief executive three months ago, said “the cutbacks were necessary as increases in operating and staff costs” undermine sales growth. In the recent times, the company has also been lagging far behind from competitors like Doordash and UberEATS. ....

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Food ordering firm Grubhub to lay off 15% of staff, Retail News, ET Retail

"There is no doubt whatsoever that we have a solid foundation in place and an immense opportunity ahead of us but it is also clear that we need to make some tough decisions in order to maintain our competitiveness, deliver the best possible service for diners and our other partners, and be successful for the long-term," Howard Migdal, Grubhub CEO, said in a message to employees on Monday. ....

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Sonos to Lay Off Roughly 130 Employees as Part of its Cost-Cutting Measures

Sonos is the latest tech company to conduct mass layoff for its current workforce. Sonos, a well-known audio technology company, recently shared news regarding cost-saving measures in a filing submitted to the Securities and Exchange Commission (SEC). ....

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Grubhub lays off 15% of corporate workforce

Grubhub announced Monday that the company is cutting 15% of its workforce in an effort to ensure long-term viability in its highly competitive sector. CEO… ....

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Grubhub layoffs 2023: CEO announces mass layoffs; parent company Just Eat Takeaway is losing profits

Grubhub, owned by Just Eat Takeaway, announced mass layoffs in 2023. ....

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