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digital marketplace

Eric Kulisch Tuesday, July 11, 2023

Freightos laying off 13% of employees as revenue weakens

Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to stem mounting losses as revenues fall short of expectations because of a prolonged downturn in freight markets. The news is the latest example of the […]

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