Oct 18, 2017

Blue Apron announces layoffs

A typical Blue Apron package. Photo: Bree Fowler / AP

Blue Apron, the meal kit company that went public earlier this year, announced on Wednesday that's its cutting about 6% of its staff company-wide, according to a new SEC filing. The layoffs will cost the company $3.5 million in expenses such as severance packages.

Background: Blue Apron, which ships individually packaged kits for preparing meals, has been struggling since it went public in June. Shortly after, Amazon announced its plans to start selling meal kits, and at last two groups of shareholders later filed lawsuits against Blue Apron, alleging it misled investors about its business before going public.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of midnight ET: 1,202,827 — Total deaths: 64,771 — Total recoveries: 246,886Map.
  2. U.S.: Total confirmed cases as of midnight ET: 312,076 — Total deaths: 8,496 — Total recoveries: 14,997Map.
  3. Public health latest: CDC launches national trackers and recommends face coverings in public. Federal government will cover costs of COVID-19 treatment for uninsured. The virus is hitting poor, minority communities harder and upending childbirth.
  4. 2020 latest: "We have no contingency plan," Trump said on the 2020 Republican National Convention. "We're having the convention at the end of August."
  5. Business updates: Restaurants step up for health care workers. Employees are pressuring companies to provide protections during coronavirus.
  6. Oil latest: Monday meeting among oil-producing countries to discuss supply curbs is reportedly being delayed amid tensions between Saudi Arabia and Russia.
  7. Education update: Many college-age students won't get coronavirus relief checks.
  8. 1 🏀 thing: The WNBA postpones start of training camps and season.
  9. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

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World coronavirus updates: Confirmed cases top 1.2 million

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

The number of novel coronavirus cases surpassed 1.2 million worldwide Saturday night, as Spain overtook Italy as the country with the most infections outside the U.S. The global death toll has surpassed 64,700, per Johns Hopkins data.

The latest: The United Kingdom's Queen Elizabeth II will speak in a televised address on the coronavirus Sunday of the "disruption that has brought grief to some, financial difficulties to many, and enormous changes to the daily lives of us all," per the BBC. The U.K. death toll rose 708 to 4,313 on Saturday — the fourth highest in the world.

Go deeperArrowUpdated 3 hours ago - Health

U.S. coronavirus updates: Death toll surpasses 8,400

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the coronavirus surpassed 8,400 in the U.S. on Saturday, per Johns Hopkins data. The death toll in the U.S. has risen over 1,000 every day for the past four days, since April 1.

The big picture: President Trump said Saturday America's is facing its "toughest week, between this week and next week." Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said the U.S. should expect to see deaths continue to rise in this period.

Go deeperArrowUpdated 4 hours ago - Health