NEW YORK, NY - In the next segment of Blue Apron’s post-IPO saga, the company’s Vice President of Human Resources and Talent, Kate Muzzatti, has stepped down, according to a report by TechCrunch.
The news was released internally on August 10, the same day that the company announced a hiring freeze on salaried positions, according to Bloomberg. Rounding out the triad of uncertain news, Blue Apron also let go of 14 members of its recruiting team.
“As part of our long-term strategy, we recently completed an internal reorganization which involved several changes to our organizational structure, including the creation of our new consumer products team and the launch of a new fulfillment center team in Linden, which will replace our prior center in Jersey City,” Blue Apron CEO Matt Salzberg said in a statement to TechCrunch. “As part of these changes, we temporarily paused hiring for certain positions, while keeping others open, for the duration of our 2018 resource allocation process. As a result, we implemented a small reduction in staff on our recruiting team. Like any company, we carefully assess ourselves on a regular basis and implement changes as needed to manage our business for the future.”
This news comes closely after last week's reveal of Jana Partners' potential stake in the company, which caused an uptick in Blue Apron share prices, resulting in a much needed reprieve from a series of challenges the company has faced in recent months.
How will this shift in strategy impact the company's future endeavors? Check back with AndNowUKnow as we continue to report.
