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Toast Layoffs: Restaurant software giant cuts 10% of its workforce amid increasing competition and slow growth

Restaurant software giant Toast announced on Thursday that it plans to lay off 550 employees, or about 10% of its workforce. The company cited increasing competition and slowing growth as the main reasons for the restructuring. Toast now joins a
The post Toast Layoffs: Restaurant software giant cuts 10% of its workforce amid increasing competition and slow growth first appeared on TechStartups.

Restaurant software giant Toast announced on Thursday that it plans to lay off 550 employees, or about 10% of its workforce. The company cited increasing competition and slowing growth as the main reasons for the restructuring. Toast now joins a […]

The post Toast Layoffs: Restaurant software giant cuts 10% of its workforce amid increasing competition and slow growth first appeared on TechStartups.

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