SoftBank-backed Zume Pizza to lay off up to 80% of its staff: Business Insider

(Reuters) – SoftBank-backed Zume Pizza, a Silicon Valley startup that aims to automate pizza delivery, plans to lay off up to 80% of its staff, Business Insider reported on Monday, citing sources close to the company.

The company raised $375 million from SoftBank in 2018.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.