<story><title>Blue Apron Plans to Cut 24% of Staff Barely a Month After IPO</title><url>https://www.bloomberg.com/news/articles/2017-08-04/blue-apron-plans-to-cut-24-of-staff-barely-a-month-since-ipo</url></story><parent_chain><item><author>Spivak</author><text>Look, I get that most people are just going to read the headline, hell most people who share this article will probably never open it, but that&amp;#x27;s really no excuse for writing an &amp;#x27;article&amp;#x27; that has no more substance than the headline.&lt;p&gt;Questions I want answered in an article like this:&lt;p&gt;* What is Blue Apron&amp;#x27;s reason for the job cuts?&lt;p&gt;* What are Blue Apron&amp;#x27;s plans for the future? Focusing on core  markets, expansions, grocery store partnerships, more product offerings?&lt;p&gt;* What do their finances look like? Things like customer acquisition, subscription length, service costs? How did the job cuts affect them?&lt;p&gt;* What is the author&amp;#x27;s analysis of the situation?&lt;p&gt;* How&amp;#x27;s the meal-prep market doing overall?&lt;p&gt;* Is there a downward trend in these kinds of convenience services?&lt;p&gt;* Was this going to happen anyway or was there increased pressure from the IPO?&lt;p&gt;* Is this typical for companies that IPO?</text></item></parent_chain><comment><author>austenallred</author><text>It&amp;#x27;s Bloomberg - they specialize in getting info out quickly and filling in the details as they hear about it. Not thorough, but being first is what, you know, gets you to the top of Hacker News and lets you sell ridiculously expensive stock trading terminals.&lt;p&gt;Now we see some of the future details coming in:&lt;p&gt;&amp;gt; Blue Apron Holdings Inc. is closing a New Jersey facility and moving 1,270 jobs to a bigger site opening in the state later this year.&lt;p&gt;&amp;gt; More than half of the employees at the Jersey City facility have decided to move to Linden, New Jersey, a company spokeswoman said. According to a public notice, the original Jersey City fulfillment center will close by October. Workers notified Friday of the changes will still have the opportunity to relocate to the new warehouse, the spokeswoman said. The move affects 24 percent of Blue Apron’s workforce.&lt;p&gt;&amp;gt; Opening new site in Linden that will need 2,000 or more staff&lt;p&gt;They&amp;#x27;re growing and relocating, this isn&amp;#x27;t a massive downsizing as the headline would have you believe, unless it&amp;#x27;s PR spin on something I don&amp;#x27;t fully understand.&lt;p&gt;The stock is definitely down 5%, so if you figure it out feel free to let me know and I&amp;#x27;ll buy some options :)</text></comment>
<story><title>Blue Apron Plans to Cut 24% of Staff Barely a Month After IPO</title><url>https://www.bloomberg.com/news/articles/2017-08-04/blue-apron-plans-to-cut-24-of-staff-barely-a-month-since-ipo</url></story><parent_chain><item><author>Spivak</author><text>Look, I get that most people are just going to read the headline, hell most people who share this article will probably never open it, but that&amp;#x27;s really no excuse for writing an &amp;#x27;article&amp;#x27; that has no more substance than the headline.&lt;p&gt;Questions I want answered in an article like this:&lt;p&gt;* What is Blue Apron&amp;#x27;s reason for the job cuts?&lt;p&gt;* What are Blue Apron&amp;#x27;s plans for the future? Focusing on core  markets, expansions, grocery store partnerships, more product offerings?&lt;p&gt;* What do their finances look like? Things like customer acquisition, subscription length, service costs? How did the job cuts affect them?&lt;p&gt;* What is the author&amp;#x27;s analysis of the situation?&lt;p&gt;* How&amp;#x27;s the meal-prep market doing overall?&lt;p&gt;* Is there a downward trend in these kinds of convenience services?&lt;p&gt;* Was this going to happen anyway or was there increased pressure from the IPO?&lt;p&gt;* Is this typical for companies that IPO?</text></item></parent_chain><comment><author>tyrust</author><text>&amp;gt;that&amp;#x27;s really no excuse for writing an &amp;#x27;article&amp;#x27; that has no more substance than the headline&lt;p&gt;I don&amp;#x27;t really agree.  This is breaking news and it is unlikely that the distributor has any of the answers to the questions you&amp;#x27;ve asked.  Readers of a new distributor (here, Bloomberg) get the convenience of having to only follow one source to get a variety of breaking news.</text></comment>