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CNN —Supply chain management company Flexport said it plans to lay off 20% of its workforce on Friday, just one month after a chaotic CEO shakeup that played out, in part, on social media. In a memo to employees, Ryan Petersen, Flexport’s CEO and its founder in 2013, said the company’s decision to cut staff was made to help return Flexport to profitability without raising prices. He returned to his role as CEO last month after Dave Clark, a former Amazon executive who came on a year ago as CEO, announced his resignation. Last month Petersen also announced Flexport would rescind outstanding job offers days before some applicants were scheduled to start working. At the time, Flexport said the staff reduction was a result of a “macroeconomic downturn that has impacted businesses around the world.”
Persons: Flexport, shakeup, Ryan Petersen, Dave Clark, Petersen, Clark, , won’t, ” Petersen, It’s, Organizations: CNN, Supply, Amazon Locations: Flexport
New York CNN —Flexport founder Ryan Petersen said his supply chain management firm would rescind dozens of job offers just days before many applicants were scheduled to start work — a move that followed a dramatic leadership shakeup this week. “I am deeply sorry to those people who were expecting to join our company and won’t be able to at this time,” Petersen wrote on X, formerly Twitter, on Friday. Can’t just give out cash tho.”A Flexport spokesperson said the company didn’t have additional comment beyond Petersen’s tweets. The rescinded offers came at the end of a wild week for the San Francisco-based firm, which Petersen founded in 2013. In a 2023 company post, he explained his interest in angel investing and in joining Thiel’s Founders Fund as a partner.
Persons: New York CNN — Flexport, Ryan Petersen, , won’t, ” Petersen, “ It’s, , Flexport, Can’t, Petersen, Andreessen Horowitz, Sofbank, Peter Thiel’s, Donald Trump, he’s, Dave Clark, Clark Organizations: New, New York CNN, San, Bay Area, Thiel’s, Fund, Carta, Amazon, Flexport Locations: New York, San Francisco, Silicon, Bay
Undergoing in vitro fertilization using frozen embryos is linked to a greater risk of hypertensive disorders, including preeclampsia, during pregnancy, according to research published Monday in the journal Hypertension. Overall, the risk of hypertensive disorders was low: about 7.4% in women who used frozen embryos, compared with 5.6% in women who used fresh embryos and 4.3% for women who conceived naturally. In addition, they found, there was no significant difference in risk between the women who conceived naturally and those who did IVF using fresh embryos. The group included 4.4 million naturally conceived pregnancies and compared them to just over 78,000 IVF pregnancies conceived using a fresh embryo and about 18,000 using a frozen embryo. Petersen emphasized that the overall risk for preeclampsia was still low and that the results of the new study should not scare women away from using frozen embryos.
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