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Friday, 24 March2023

Logistics Startup Fareye Downsizes, Cuts 90 Jobs in Second Round of Layoffs in 8 Months

Logistics Startup Fareye Downsizes, Cuts 90 Jobs in Second Round of Layoffs in 8 Months

<p>Fareye, a logistics startup, has announced it is cutting 90 jobs in its second round of layoffs in 8 months. The company cites a challenging business environment and the need to optimize operations as the reasons for the downsizing. The job cuts are expected to impact the company&#39;s growth and productivity in the short term but are seen as a necessary step to ensure long-term success and sustainability.</p>

Read full story at Business Insider
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