Stitch Fix shares sink after company announces layoffs, offers weak guidance
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...
Stitch Fix is laying off 15% of its salaried roles
Online clothing retailer Stitch Fix will lay off 15% of its salaried staff — around 330 employees — amid slowing e-commerce growth across...
Stitch Fix to cut workforce by 15% of salaried roles
The layoff at Stitch Fix accounts for nearly 4% of the roles, or around 330 positions in total, with most of them in its non-technology...
Stitch Fix Layoffs, Client Losses
The layoffs will help Stitch Fix save between $40 million and $60 million this year, according to the company, which will help offset...
Stitch Fix Cuts Workforce as Customers Leave
With the layoffs and other corporate restructuring, Stitch Fix said in the release it expects annual cost savings of $40 million to $60...
StitchFix Sinks on Layoffs, Outlook
StitchFix Sinks on Layoffs, Outlook. Stitch Fix (NASDAQ:SFIX) said Thursday that it is laying off 15% of salaried positions within its workforce...
Stitch Fix stock sinks further as Q3 revenue, users fall; layoffs confirmed
Stitch Fix stock sinks further as Q3 revenue, users fall; layoffs confirmed. Published: June 9, 2022 at 4:35 p.m. ET. By. Levi Sumagaysay. Follow. comments...
Stitch Fix Hits a Snag as Rising Costs and Waning Demand Lead to Layoffs
Stitch Fix is the latest company to announce layoffs as rising costs and diminishing demand make for a difficult operating environment.
Stitch Fix Shares Down 9% After Lower 3Q Rev, Layoffs
By Stephen Nakrosis. Shares of Stitch Fix Inc. were lower in Thursday's late-trading session, after the company said its loss widened in the...
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