Grubhub Announces 500 Job Cuts Following Acquisition by Wonder
The layoffs, affecting 20% of Grubhub's workforce, come as the company integrates with Wonder and reorganizes for future growth.
- Grubhub is laying off approximately 500 employees, representing more than 20% of its workforce, as part of a restructuring under new ownership by Wonder.
- The layoffs impact all corporate teams but do not include Grubhub's delivery partners, with affected employees offered severance and outplacement services.
- Wonder, a food delivery startup founded by former Walmart executive Marc Lore, acquired Grubhub in January 2025 for $650 million, a significant loss from the $7.3 billion paid by its previous owner, Just Eat Takeaway, in 2021.
- Grubhub’s CEO, Howard Migdal, stated the reorganization aims to streamline operations, eliminate redundancies, and prioritize growth investments after achieving positive free cash flow in 2024.
- The company plans to hold meetings and a town hall in March to outline its strategy for 2025, while maintaining the Grubhub brand as part of Wonder’s broader food delivery and prepared meals platform.