Discuss the financial challenges Blue Apron is currently facing.
Blue Apron Implements Temporary Hiring Freeze
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The video discusses a company's challenges, including leadership changes and a hiring freeze, as it opens a new fulfillment center. The company is implementing cost-cutting measures, affecting salaried workers and recruiting teams. Investors are concerned about growth and market competition, especially with Amazon's entry into the meal kit market. The company must strategically plan to use its limited funds effectively.
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3 mins • 1 pt
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What strategic planning steps should Blue Apron consider to ensure growth?
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