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Blue Apron to shut down facility, 470 may lose jobs – Silicon Valley

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Blue Apron is closing a facility in New Jersey that puts together and ships out its ready-to-cook meal kits, and says that about 470 workers may lose their jobs if they don’ t chose to transfe…
NEW YORK — Blue Apron is closing a facility in New Jersey that puts together and ships out its ready-to-cook meal kits, and says that about 470 workers may lose their jobs if they don’ t chose to transfer to another facility in the state.
The meal-kit seller, which became a public company about a month ago, says it offered the 1,270 employees at a Jersey City, New Jersey, site the option to transfer to a new facility in Linden, New Jersey.
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Blue Apron Holding’s stock fell 6 percent to close at $5.83 Friday. Its shares are down 42 percent since they began trading publicly at the end of June.

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