Flexport Inc. is an American multinational corporation that specializes in supply chain management and logistics. Other services rendered include delivery, trade financing, insurance, freight forwarding, and customs brokerage. The company was founded in 2013 and is headquartered in San Francisco, California.
According to recent reports, Flexport has announced job cuts of 400 employees, which amounts to 15% of its workforce, in a bid to increase profitability. The report further mentions that the layoffs affected employees in North America’s corporate research and development teams.
