DroneUp Layoffs
May 2023
DroneUp announced a layoff affecting 0 employees in May 2023. The company operates in the Logistics sector.
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May 16, 2023
About
DroneUp, a Walmart-backed drone delivery startup, laid off a small percentage of its workforce in early 2024 as part of a strategic shift. The company, which now has 418 total employees, is moving away from enterprise services like construction monitoring to focus more intensely on its core drone delivery hubs. This restructuring reflects the competitive pressures and ongoing challenges in scaling commercial drone delivery within the tech and logistics industry. The layoffs coincide with a broader trend of downsizing in the tech sector, though DroneUp stated it plans to hire more people than were let off over the following six months.
Source
View Sourcewww.cnbc.comMore Logistics Layoffs
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