Gopuff is slashing 10% of its global workforce and closing dozens of warehouses, reining in spending following signs the delivery company expanded too quickly during the pandemic.
The job reductions will affect about 1,500 staff members, a mix of corporate and warehouse employees in the US, according to a memo to investors viewed by Bloomberg. It’s the second time in four months the embattled startup has eliminated positions. It cut about 3% of jobs in March and shelved plans to go public.
Gopuff also intends to shutter 76 warehouses, roughly 12% of its network, across the US to consolidate its footprint in some cities, according to the memo. The measures reflect a sharp reversal for the fast-growing startup which, for the past two years, prioritized expanding at breakneck speed.
