Layoffs in the Digital Forwarding Sector amid the Broader Industry Downturn & Ongoing Economic Uncertainty

During 2020 and 2021, most digital forwarders accelerated hiring in anticipation of a different economic reality, but the volumes did not materialize as expected with consumer demand moderating in early 2022. Venture capital funding also plummeted amidst economic uncertainty. As a result, some of the largest freight forwarders started laying off staff.

Ti’s latest whitepaper provides analysis of recent layoffs among digital forwarders, the reasons behind them & implications for the wider logistics industry.

Use the whitepaper to understand how the digital forwarding landscape is evolving, how digital forwarders are responding to decreased funding, and how these changes impact supply chain networks.

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