💨 Abstract

Grubhub CEO Howard Migdal announced a job cut of about 500 employees, representing over 20% of the company's workforce, following the completion of its takeover by food delivery startup Wonder, led by Walmart's former executive Marc Lore. The layoffs come after Grubhub was sold by Europe's biggest meal delivery firm Just Eat Takeaway, which struggled with slowing growth and high taxes.

Courtesy: theprint.in

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