News / Tough times for logistics tech players forced to cut staff numbers

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Tech start-ups in the logistics sphere have continued the trend set in the final quarter of last year, with Uber Freight and Flexe among those set to lay off staff amid ongoing financial struggles.

Seattle-based Flexe, once valued at $1bn, was first out the gate this week, laying-off more than a third of its staff on Monday, with Uber Freight on Tuesday confirming it had been “forced into similar measures”, having already made significant staff cuts last ...