I'm not one of the people affected. My time at Flexport ended long ago. But I'm still in contact with most of my former co workers cause they're a brilliant bunch. I opened Linkedin yesterday to so many co-workers posting they were impacted by the 20% layoffs. I reached out to a few who were affected and one of them told me just a few months ago in a company wide all hands type of meeting the CEO Ryan Peterson said that the last major layoffs by Flexport were the biggest mistake of his life. Most of them were assured layoffs wouldn't happen just last month. As I said I haven't been with Flexport in a long time so i have no clue why the layoffs happened. It's my personal opinion that it's just poo on the company's end and by the CEO to lay off 20% of your work force via an anonymous email after repeated assurances. But several people did mention that they were expecting something major with the arrivals of new execs from companies like Amazon and Uber.