Toast Lays Off 550 Employees Amid Restructuring

Toast Lays Off 550 Employees Amid Restructuring

by | Feb 16, 2024 | News

Toast announced it has laid off 550 employees, roughly 10 percent of its staff.  The Boston-based, restaurant technology company states the move is part of a restructuring plan to lower operating costs.  In an earnings call Thursday, Toast CEO Aman Narang said the...