Japanese recipe-sharing platform Cookpad announced on April 10th that it will cut 80 positions through voluntary retirement and layoffs at its overseas subsidiary, which operates a multilingual recipe service. Additionally, 46 domestic employees will leave by the end of April due to the discontinuation of some local businesses. These workforce reductions, impacting a significant portion of its 409 consolidated employees, are part of a restructuring effort driven by continuous operating losses. The company has reported two consecutive fiscal years of net loss, attributed to a decline in paying members. Special retirement benefits related to these cuts will be booked as operating losses.
