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Grubhub lays off 15% of corporate workforce

Por: Fox Business Business June 12, 2023

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DoubleLine Deputy CIO Jeffrey Sherman predicts that the Fed will hike rates to avoid upsetting the market. Grubhub announced Monday that the company is in an effort to ensure long-term viability in its highly competitive sector. CEO Howard Migdal, who took over in March, told employees in a letter Monday that the company will let go of approximately 400 employees as it works to rightsize its business for where we are now.Although the business... + full article



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