Instacart said Tuesday it plans to cut 250 jobs, or about 7% of its workforce, to focus on “promising” initiatives. However, shares of Instacart, formally known as Maplebear, were down about 10% in ...

Another day, another layoff occuring in the tech world. Instacart, the popular grocery delivery and pick-up service has announced the termination of 250 employees — about seven percent of its ...

Feb 13 (Reuters) - Instacart CART.O forecast on Tuesday its first-quarter gross transaction value (GTV) and core profit above estimates due to an uptick in grocery orders, and said it plans to cut 250 ...

Grocery-delivery service Instacart is tightening its belt. The company announced plans to lay off 250 workers, roughly 7% of its workforce, effective March 31. That comes despite a jump in earnings in ...

Instacart announced it will cut 250 jobs, roughly 7% of its workforce, in a letter to investors announcing its fourth quarter earnings. The company’s stock proceeded to drop about 5% in after-hours ...