Flexport Faces Backlash After Rescinding Job Offers, Recruiters Say Move Damages Company's Reputation
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Flexport CEO Ryan Petersen announced the company would be rescinding dozens of job offers, sparking backlash from recruiters.
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Recruiters denounced the decision as "sick," "lousy," and damaging to the company's reputation.
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Though not illegal, some said it could set a precedent for candidates to distrust job offers.
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Petersen defended the move as necessary for getting Flexport profitable after recent layoffs.
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Coinbase previously faced criticism for mass-rescinding offers amid crypto downturn in June 2022.