upstarts blue apron boxed naturebox jp stevens high school _00000000.jpg
upstarts blue apron boxed naturebox jp stevens high school _00000000.jpg
Now playing
02:40
This high school spawned $2.5 billion worth of startup founders
Now playing
02:41
Delta CEO: All future employees must be vaccinated
Pool
Now playing
02:11
Biden issues warning to gas station owners on price gouging
Now playing
01:40
Gas lines are getting longer. But experts are urging people not to hoard fuel
A Now Hiring banner sign is viewed outside a Chipotle restaurant during a new coronavirus pandemic, Tuesday, March 2, 2021, in Orlando, Fla. (Phelan M. Ebenhack via AP)
Phelan M. Ebenhack/AP
A Now Hiring banner sign is viewed outside a Chipotle restaurant during a new coronavirus pandemic, Tuesday, March 2, 2021, in Orlando, Fla. (Phelan M. Ebenhack via AP)
Now playing
02:39
Chipotle raises its average pay wage to $15 per hour
Now playing
02:47
IBM CEO: Cybersecurity needs to be a collective effort led by government
Now playing
03:10
Cybersecurity expert on why ransomware attacks are becoming more common
Boston-based REGENT's "seaglider" is a mix between a boat and an aircraft with a top speed of 180 mph.
REGENT
Boston-based REGENT's "seaglider" is a mix between a boat and an aircraft with a top speed of 180 mph.
Now playing
01:00
It's a boat? It's a plane? No, it's a 'seaglider.' And it goes fast...really fast
Newsmax
Now playing
02:36
Watch: Former Obama speechwriter trolls Newsmax anchor live on TV
CNN
Now playing
01:38
Lawmakers push airlines to drop flight credit restrictions
CNN/@walidbarahmeh
Now playing
03:04
China's out-of-control rocket lands on Earth
CNN
Now playing
04:35
Biden on disappointing jobs report: More help is on the way
Now playing
03:05
Restaurants, once laying off workers, now can't find enough to hire
SpaceX
Now playing
01:10
Watch SpaceX land its Mars rocket prototype for the first time
Now playing
02:52
Businesses set vaccine mandate for workers
CNN
Now playing
05:16
WTF is a SPAC?
(CNN Business) —  

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.