Another round of staff lay-offs at Flexport
Flexport is cutting staff again, according to The Information. In a memo to staff, CEO ...
TechCrunch writes:
Dave Clark, the former Amazon executive who was ousted as CEO of Flexport just a year into the job, fired back at its founder and board, calling recent reporting on the logistics company “deeply concerning.”
Clark made the comments Monday in a lengthy post on social media site X following a report from CNBC that provided new information about his last days at Flexport, a freight forwarding and customs brokerage startup valued at $8 billion. Clark, who was handpicked by founder Ryan Petersen to take the top job, said he discovered extensive problems when he joined Flexport in September 2022, including a “revenue forecasting model that was consistently providing overly optimistic outputs.”
Flexport could not be reached for comment…
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