Shopify shuns 'logistics' – Flexport losses narrow in another forgettable year
The drip drip of failure
Flexport is trying to sub-let its Atlanta offices as it attempts to cut costs.
According to Bisnow, in 2018 Flexport leased 50,000sq ft at Bank of America Plaza, taking another 25,000sq ft in 2021. In cities, Flexport opted for central locations in a bid to attract tech talent. However, elusive profitability and various cost-cutting exercises have seen it ditch some of its larger, more expensive locations, including its London office which moved last year.
After CEO Dave Clark’s sudden departure, founder Ryan ...
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