B2B E-Commerce Provider Four51 Lays Off ~20% Of Workforce


four51-logoAfter raising $5m earlier this year to build out sales and marketing, Minnesota e-commerce PaaS firm Four51 has laid-off 14 employees, in a move towards “technology-first and channel approach.”

The group represents approximately 20% of their overall headcount, and comes on the heels of a Minneapolis headquarters relocation last month.

CEO Mark Johnson had this to say about the changes: