• ShipBob laid off 7% of its staff today, the company confirmed to Insider.
• The startup raised a fresh $200 million in a Series E round led by Bain Capital Ventures last year.
• Laid-off employees include recruiters and software engineers, according to LinkedIn posts.

E-commerce fulfillment startup ShipBob laid off 7% of its staff today, a company spokesperson confirmed to Insider. The layoffs come one year after raising a $200 million Series E round led by Bain Capital Ventures. That round valued the company at "well over $1 billion," a ShipBob spokesperson told Insider at the time. 

Affected employees who posted their layoffs on Linkedin include recruiters and software engineers. 

ShipBob provides e-commerce logistics fulfillment services for small and medium sellers using platforms like Shopify, Amazon, Walmart, Squarespace, and more.

In recent months, the company has been building out its services. It launched an import program with Flexport in order to help small shippers get goods into the US faster. It started selling its warehouse management software to clients not using ShipBob's fulfillment service. And the company has also been pushing into Europe, opening a warehouse in Poland in May and leaning into cross-border e-commerce.  

But now that the pandemic e-commerce inferno is cooling, logistics services like fulfillment and last-mile delivery are finding the same number of players fighting over a smaller overall pie. 

The trend has coincided with layoffs at several related startups such as flexible warehousing company Stord and delivery tech FarEye.

"To position ShipBob to be successful against the continued macro headwinds and this new reality, we made the extremely tough decision to reduce our global headcount by 7%. With these changes, we have made sure not to disrupt the merchant experience for our current and future customers. Today was a tough day, as it's never easy to part with teammates who we cherish, and have driven so much positive impact to ShipBob and our customers," a ShipBob spokesperson told Insider.