Grubhub to cut jobs to 400 employees

Grubhub, US-based online food ordering company, announced plans to lay off about 15 percent of its workforce, or nearly 400 employees.
Online job search platform“It is clear that we need to make some tough decisions in order to maintain our competitiveness, deliver the best possible service for diners and our other partners, and be successful for the long-term,” Howard Migdal, Grubhub CEO, said in a message to employees.

The company said its operating and employee costs grew at a higher rate.