Flexport told employees Thursday to expect cost-cutting and a possible reduction in workforce. Flexport founder Ryan Petersen said the company needs changes to "return to profitability." Flexport is considering cutting part of its corporate workforce, following Wednesday's sudden departure of CEO Dave Clark. The overarching message was that Flexport was spending too much money, and the company needs to focus more on helping customers, the people said. In it, he emphasized the need to return to profitability and focus on customers' needs.

---

Persons: Flexport, Dave Clark, Ryan Petersen, Clark, Ryan Petersen's, Petersen, Clark's, Eugene Kim Organizations: Amazon Locations: Amazon