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Flexport, a logistics company with $2.7 billion<\/a> in venture and debt funding, is reportedly planning additional layoffs.<\/p>\n That\u2019s according to Information<\/a>, which said the firm intends to eliminate around 20% of its roles in the next few weeks. Flexport communications head Liyan Chen declined to comment on the report in an email to TechCrunch.<\/p>\n Flexport, which provides freight forwarding and brokerage services, announced similar cuts in October, when founder Ryan Petersen returned as CEO and slashed the company\u2019s workforce by 20%<\/a> \u2014 affecting about 600 workers.\u00a0<\/p>\n An additional round of layoffs at Flexport would cap a brutal January for tech workers<\/a>, as giants<\/a> and startups<\/a> alike have eliminated a combined tens of thousands of jobs<\/a> across the industry. While San Francisco-based Flexport wouldn\u2019t be an outlier for making cuts, the timing would be peculiar.<\/p>\n Just last week, Flexport said<\/span> it\u2019d raised an additional <\/span>$260 million in funding from Shopify<\/a>. The deal deepened the two firms ties; back in May, Shopify sold its logistics business to Flexport in exchange for a 13% stake<\/a> in the company. <\/span><\/p>\n