January 6, 2020 / 10:07 PM / 22 days ago

SoftBank-backed Zume Pizza to lay off up to 80% of its staff: Business Insider

(Reuters) - SoftBank-backed Zume Pizza, a Silicon Valley startup that aims to automate pizza delivery, plans to lay off up to 80% of its staff, Business Insider reported on Monday, citing sources close to the company.

The company raised $375 million from SoftBank in 2018. (bit.ly/36vPPdJ)

Reporting by Ankit Ajmera in Bengaluru; Editing by Shounak Dasgupta

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