Stitch Fix is laying off 15% of its salaried workers or ~330 employees, reporting Q3 revenue of $492.9M, down 8% YoY, and net loss of $78M, up from $18.8M YoY (Lauren Thomas/CNBC)

See the full post here ➡️ http://www.techmeme.com/220609/p45#a220609p45

Rate this post


Lauren Thomas / CNBC:

Stitch Fix is laying off 15% of its salaried workers or ~330 employees, reporting Q3 revenue of $492.9M, down 8% YoY, and net loss of $78M, up from $18.8M YoY  —  – Stitch Fix is laying off 15% of its salaried workers, or about 330 people.  — The company also issued weak revenue guidance as it contends with weaker consumer demand.


Why should you share your news?

Contributing is one of the best ways to promote a website. This technique has been used for decades now and is still very effective. But, this strategy can make or break your rankings depending on its application.

A news website is one of the best places to publish your blog. This is because such sites always have massive amounts of targeted traffic. If you write quality content, your post will get many hits, and many people will follow your blog.

Disclaimer

The content provided has been modified and is not displayed as intended by the author. Any trademarks, copyrights, and rights remain with the source. Linux Chatter sources content from RSS feeds and personal content submissions. The views and opinions expressed in these articles are those of the authors and do not necessarily reflect Linux Chatter.