Waitr says that they are closing several low-performing markets, resulting in layoffs. Those closures will not impact the Louisiana markets according to Waitr but some employees in the state has been affected.
The food delivery app announced on Tuesday November 5, that the company is working to stay competitive and sustain a profitable business model. In order to do that, Waitr says that they made the decision to close "low-performing" markets and reduce their workforce.
"We are sincerely grateful for the contributions of the employees affected by this change and are committed to supporting them, including providing separation packages," a statement from Waitr said.
The areas affected by these market closures and the number of employees that will be laid off were not available. Waitr says that roughly 20 percent of affected employees are based in Louisiana markets.
The closures will happen within the next 30 days and are based on based on a growth and profitability. CEO Adam Price says the move will help Waitr best position the company for the future.
"Eliminating jobs is the last thing a business ever wants to have to do. Actions taken this week were done to best position Waitr for the future and enable the company to continue providing a consistent, reliable experience to our customers, and valuable relationships to our restaurant partners," Price said.