On June 12, Grubhub announced in a statement that it will be laying off 15% of its workforce, approximately 400 employees, including 15% of its Chicago-based corporate staff.
Grubhub’s staffing cuts are the latest development in an ongoing trend of mass layoffs impacting other major tech companies, including Meta, Google, and Amazon. Other food delivery giants have reduced staff, including DoorDash, which laid off 6% of its corporate workforce in November of 2022.
“While our business has grown since our 2019 pre-pandemic levels, our operating and staff costs have increased at a higher rate,” said Grubhub CEO Howard Migdal in the statement. “These changes, while difficult, will help ensure we have the right resources and structure to focus on the business priorities and opportunities ahead.”
According to the Chicago Tribune, Grubhub has decreased its market share in recent years, holding only 11% of food delivery sales. Spokespeople for the company have stated that the layoffs will enable Grubhub to remain competitive and focus on its core business.
In 2021, Grubhub was sold to Amsterdam-based competitor Just Eat Takeaway for $7.3 billion. (Crain's) Before the layoffs, Grubhub employed approximately 850 workers at its Chicago headquarters.
You may also like:
Bears consider Naperville as Arlington Heights plans stall
How the Johnson Administration is shaping the future of Chicago
University of Chicago joins coalition to shape the future of quantum computing
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.