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Blue Apron to cut more than 1,200 jobs — nearly a quarter of its staff — by October

A month after its initial public offering, Blue Apron is cutting almost a quarter of its employees.

The meal-kit delivery company said it plans to close its facility in Jersey City, New Jersey, in October, and expects about 1,270 workers will not be transferring to the new location.

The company told CNBC that all of its employees were given the option to...