Shares of Blue Apron are down 3.21% at $5.13 a piece after the company announced it would be laying off 6% of its workforce, or about 300 employees.
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Blue Apron is slipping after laying off hundreds of workers (APRN)
Blue Apron's stock price took a hit on Thursday after the company announced layoffs of hundreds of workers.
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Blue Apron announced a "submitted to the SEC on Wednesday. The company plans spend $3.5 million on severance packages.
The layoffs included both positions in the company's corporate offices and fulfillment centers, according to the filing.
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