Instacart to cut 250 jobs as slowing ad business counters upbeat Q1 forecast

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Instacart to cut 250 jobs as slowing ad business counters upbeat Q1 forecast Instacart expects Q1 GTV to be between $8 billion and $8.2 billion, with adjusted EBITDA between $150 million and $160 million. The company also authorized a $500 million share repurchase program.
 
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