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Fortune
Fortune
Chloe Taylor

CEO of freight giant Flexport rescinds 75 job offers just days before the new hires' start date: ‘I hope you will forgive us someday and even consider coming to work here again’

Ryan Peterson, chief executive officer and founder of Flexport Inc., stands for a photograph at the company's office in San Francisco, California, U.S., on Wednesday, April 15, 2015. (Credit: David Paul Morris/Bloomberg via Getty Images)

Logistics unicorn Flexport is in a state of flux right now—and that means it’s had to retract dozens of job offers just a few days before some of the new hires were due to start work at the company.

In a series of posts to the X platform on Friday, Flexport’s founder and CEO Ryan Petersen—who, at the time of posting, was just hours into the job—apologetically explained that the move was necessary to get the firm back on track as it looks to tighten its purse strings.

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