Instacart Layoffs 2024: What to Know About the Latest CART Job Cuts

Instacart (NASDAQ:CART) announced Tuesday it plans to lay off about 250 employees, amounting to roughly 7% of its workforce, as part of a restructuring effort. So, what do you need to know about Instacart layoffs?Well, the grocery delivery company stated its layoffs are mostly targeting middle management, creating a less vertical organizational structure. Additionally, the company hopes to have its teams more concentrated on large-scale projects.According to the press release, the company’s three executives ...