Expeditors International of Washington, Inc., together with its subsidiaries, provides logistics services worldwide. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions. It also provides optimization, trade compliance consulting, cargo security, and solutions. In addition, it acts as a freight consolidator or as an agent for the airline that carries the shipment. Further, the company provides ancillary services that include preparation of shipping and customs documentation, packing, crating, insurance services, and the preparation of documentation to comply with local import and export laws. Its customers include retailing and wholesaling, electronics, technology, and industrial and manufacturing companies. The company was incorporated in 1979 and is headquartered in Seattle, Washington.
EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS
Expeditors International of Washington, Inc. has announced layoffs affecting approximately 300 employees in Seattle, Washington. This decision comes as the company experiences uncharacteristic workforce reductions, attributed to productivity gains from artificial intelligence. The layoffs are part of a broader strategy to adapt to changing market conditions and enhance operational efficiency. Despite the layoffs, the company remains committed to leveraging AI technologies to improve its services. The workforce adjustments are seen as a necessary step in response to evolving industry demands and the need for cost management.
Expeditors International of Washington, Inc. has announced the layoff of 230 employees following a significant decline in revenue. This decision reflects the company's response to challenging market conditions and aims to streamline operations. The layoffs are part of a broader effort to adjust to the current economic landscape. The company has not specified the locations or departments affected by these job cuts. This move underscores the ongoing challenges faced by logistics companies in the current economic climate.
Expeditors International of Washington, Inc. has announced plans to lay off approximately 500 employees as part of a restructuring effort aimed at improving operational efficiency. The layoffs are scheduled to take effect on January 15, 2024, and will primarily impact the company's Seattle headquarters. This decision comes in response to ongoing challenges in the logistics sector, including rising costs and shifting market demands. The company has stated that these cuts are necessary to streamline operations and remain competitive in a rapidly changing industry landscape. Further details regarding specific departments affected have yet to be disclosed.
Expeditors International of Washington, Inc. has announced plans to lay off 230 workers from its tech department. This decision reflects the company's ongoing adjustments in response to market conditions. While the specific timeline for these layoffs has not been disclosed, the company is preparing for a significant reduction in its tech workforce. The layoffs highlight the challenges faced by the company in the current economic environment, as it seeks to streamline operations and maintain efficiency.
No one has shared a story from Expeditors International of Was yet. Went through a layoff here? Your experience helps others feel less alone.
Share your story →We'll email you the moment a new layoff is reported here.