Grubhub plans to lay off roughly 500 workers as it begins to integrate with new owner Wonder, the company announced Friday.
Grubhub was sold to Wonder for just $650 million, a fraction of its pandemic-era peak valuation.
The layoffs will remove management layers and redundancies as the delivery company joins forces with its new owner, Grubhub’s ...
GRUBHUB is cutting about 23 per cent of its workforce and set the stage for more changes at the company following its ...
The layoffs come two months after the company was purchased by Wonder, a New York-based food delivery startup, for $600 ...
Grubhub, founded 20 years ago in Chicago, was a pioneer in the business of ordering food online. It went public in 2014 but ...
The job cuts come over a month after Wonder completed its $650 million acquisition of the food delivery aggregator.
Grubhub CEO Howard Migdal said on Friday that the food delivery firm has decided to cut about 500 jobs, as it focuses on ...