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Postmates, the on-demand delivery service, has reportedly laid off roughly 30 "community managers" across the company, according to a report from BuzzFeed citing an anonymous source. Forbes reports the layoffs as fewer than 30.

The move comes as Postmates shifts the responsibilities of employees in the various cities where it operates, according to a statement from operations VP Russell Cook that Postmates sent to Axios. While the company confirmed the layoffs, it declined to share the exact number of jobs it cut.

Financial goals: Postmates CEO Bastian Lehmann recently told Forbes that the company plans to become profitable by late 2017 or early 2018. He also said the company will go public by 2019—a prediction Axios' Dan Primack finds improbable. Still, it's no surprise the company is taking measures to cut costs and boost margins.

Go deeper

53 mins ago - World

Biden freezes U.S. arms deals with Saudi Arabia and UAE

Trump struck several large arms deals with Mohammed bin Salman (L) and Saudi Arabia. Photo: Kevin Dietsch-Pool/Getty Images

The Biden administration has put on hold two big arms deals with Saudi Arabia and the United Arab Emirates which were approved in the final weeks of the Trump administration, a State Department official tells Axios.

Why it matters: The sales of F-35 jets and attack drones to the UAE and a large supply of munitions to Saudi Arabia will be paused pending a review. That signals a major policy shift from the Trump era, and may herald sharp tensions with both Gulf countries.

Dan Primack, author of Pro Rata
2 hours ago - Podcasts

Robert Downey Jr. launches VC funds to help save the planet

Robert Downey Jr. on Wednesday announced the launch of two venture capital funds focused on startups in the sustainability sector, the latest evolution of a project he launched two years ago called Footprint Collective.

Between the lines: This is a bit of life imitating art, as Downey Jr. spent 11 films portraying a character who sought to save the planet (or, in some cases, the universe).

DHS warns of "heightened threat" because of domestic extremism

Supporters of former President Trump protest inside the U.S. Capitol on Jan. 6. Photo: Roberto Schmidt/AFP via Getty Images

The Department of Homeland Security on Wednesday issued an advisory warning of a "heightened threat environment" in the U.S. because of "ideologically-motivated violent extremists."

Why it matters: DHS believes the threat of violence will persist for "weeks" following President Biden's inauguration. The extremists include those who opposed the presidential transition, people spurred by "grievances fueled by false narratives" and "anger over COVID-19 restrictions ... and police use of force[.]"