Instacart said Tuesday it plans to cut 250 jobs, or about 7% of its workforce, to focus on “promising” initiatives. However, shares of Instacart, formally known as Maplebear, were down about 10% in ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. In 2020, at the height of the pandemic, Juan started delivering groceries through Instacart and ...

Instacart announced it will cut 250 jobs, roughly 7% of its workforce, in a letter to investors announcing its fourth quarter earnings. The company’s stock proceeded to drop about 5% in after-hours ...

Instacart, the US grocery-delivery giant, is cutting hundreds of jobs and restructuring its leadership team as the company increasingly shifts its focus to higher-margin businesses such as advertising ...

Startups are promising to deliver groceries to your doorstep in minutes, stepping up competition in the industry. Their strategy: to operate out of “dark stores.” WSJ visits some of these hyperlocal ...