Tech
Instacart plans to slow hiring as it prepares for its IPO after hiring over 1,500 staff in 2021; Instacart cut its valuation 40% to $24B in March (Michael Tobin/Bloomberg)
Michael Tobin / Bloomberg:
Instacart plans to slow hiring as it prepares for its IPO after hiring over 1,500 staff in 2021; Instacart cut its valuation 40% to $24B in March — Grocery delivery startup Instacart Inc. is planning to slow the pace of hiring as it prepares for an initial public offering, focusing instead on profitability.
