Layoffs at Cart.com are the latest sign e-commerce is cooling

Cart.com has been one of Austin’s fastest-growing startups since it moved its headquarters from Houston to the capital city in 2021 with $240 million in fresh funding.

Now, after opening its new office in downtown Austin and going on a hiring and acquisition spree, Cart.com is dialing it back. The company this week made an undisclosed number of layoffs in one of the latest signs that the once red hot market for e-commerce software is cooling.

At least a dozen Cart employees indicated on LinkedIn…