This surely has to impact their ability to hire in the future. Like, personally I’ve never heard of Flexport before, and it doesn’t really sound like my sort of thing in any case, but… presumably at some point they will want to hire again, and this feels like it’ll put off anyone who has other options.
(I’m always baffled at these really poorly handled layoffs - most companies doing layoffs will need to hire again at some point, potentially in a competitive environment. The internet exists; people will look it up.)