[The Epoch Times, October 5, 2023] (Epoch Times reporter Chenguang Seattle compiled and reported) Flexe, a logistics provider headquartered in Seattle, recently announced that it will lay off 131 employees before November 27.This is equivalent to 33% of current employees.
Flexe has notified the Washington State Department of Employment Security of the layoffs. 淘宝代收
电器集运 Flexe is a company that provides logistics, warehousing, transportation and distribution services to retailers. It was founded in 2013 and is headquartered in Seattle's SODO community.It will be valued at $1 billion in 2022.Its customers include hardware retail chain Ace Hardware, office supply company Staples and Walmart.
This is Flexe's second layoff in 14 months.The first time was in July 2022, when an unknown number of employees in the recruitment department were laid off.
Other logistics companies such as Knight-Swift Transportation and Flexport have also cut jobs this year.North American logistics giant Yellow Corp. also filed for bankruptcy in August this year.
According to the Supply Chain Drive website, "The economic situation has changed and logistics providers are now facing a weaker freight market and they are looking to cut costs."
Editor in charge: Shun Hua
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