Company News

Shares of Stitch Fix were heading lower after Wall Street learned that the company had laid off 15% of its salaried employees. The positions are mostly in corporate roles and styling leadership positions, according to an internal memo seen by CNBC. “We’ve taken a renewed look at our business and what is required to build … Continue reading “Stitch Fix Lays Off 15% of its Salaried Employees Causing Shares to Sink”