Bain-backed e-commerce fulfillment startup ShipBob lays off 7% of staff as online shopping boom goes bust

E-commerce fulfillment startup ShipBob laid off 7% of its staff today, a company spokesperson confirmed to Insider. The layoffs come one year after raising a $200 million Series E round led by Bain Capital Ventures. That round valued the company at "well over $1 billion," a ShipBob spokesperson told Insider at the time.

Affected employees who posted their layoffs on Linkedin include recruiters and software engineers.

ShipBob provid

*Source: https://www.businessinsider.com/shipbob-lays-off-7-of-staff-ecommerce-bust-2022-8?IR=T