Blue Apron Cuts 20% Corporate Workforce After FreshRealm Sale, Eyeing Sales Growth in ‘24
Blue Apron said it reduced its corporate workforce by 20% after it sold its assets to FreshRealm earlier this year, the company announced in its second quarter fiscal results.
The company still expects to see benefits from the sale starting in 2024, with Linda Findley, Blue Apron’s President and CEO, citing a “lower fixed cost base, a stronger balance sheet and new revenue opportunities, including the introduction of a new product line expected in the first half of next year...
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