More layoffs are coming at Blue Apron. The meal kit pioneer announced late Tuesday that it is cutting 4% of its workers – about 100 jobs – as it continued to lose money.
It’s the second time Blue Apron has announced job cuts since its initial public offering last year. Blue Apron laid off 6% of its staff in October 2017.
The company said Tuesday that the most recent job cuts would cost it about $1.6 million in severance charges during the fourth quarter but it would also save $16 million in personnel expenses next year.