Chicago, Illinois-based Grubhub, an online platform for prepared food ordering and delivery, has announced a major reduction in force.
The reduction in force will impact 400 corporate employees or about 15% of its workforce.
According to CEO Howard Migdal, “We need to make some tough decisions in order to maintain our competitiveness, deliver the best possible service for diners and our other partners, and be successful for the long term. As a result, today we have made the very difficult decision to reduce the headcount at Grubhu. I know it will come as a shock to you."
“Our business has grown since our 2019 pre-pandemic levels but our operating and staff costs have increased at a higher rate. We need to continually look at whether we are set up in the right way to deliver for our diners, restaurants, and delivery partners.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?