LOGISTICS STARTUP LAYING OFF 20% OF WORKFORCE

David Clark, Amazon’s former warehouse czar, is set to lay off 20% of the workforce of his logistics startup Flexport. The company’s co-CEO’s said in a note to employees that while “Flexport is in a good financial position… reductions in shipping volume from its customers and a more efficient operating structure leaves it ‘overstaffed in a variety of roles across the company.’”  Read more…