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Investors Sour On Postmates, Triggering Layoffs

December 04, 2019
food delivery, postmates, grubhub, IPO, funding, layoffs, investors, news
ACI Goes X-Border With PAY.ON Acquisition
News // November 05, 2015

The electronic payments and banking solutions company ACI Worldwide is buying eCommerce player PAY.ON in a deal worth roughly $200 million in cash and stock, the two companies said on Wednesday (Nov. 4). In a release, ACI said it is buying the firm in a...

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Investors Sour On Postmates, Triggering Layoffs

December 04, 2019
Food-delivery startup Postmates has laid off dozens of employees and shuttered its Mexico City office, CNBC reported on Tuesday (Dec. 3), citing sources.  Postmates, which has about 1,300 employees, started laying off dozens of people this week, and not just in Mexico City, sources told CNBC. Employees were axed from the company’s headquarters in San […]