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”
Tag: stitch fix
Shares of Stitch Fix Crumble After Guidance is Cut
Personal styling service company Stitch Fix saw its shares fall this week after the company…
March 9, 2022
Hot Stocks
Stitch Fix Shares Crumble as Company Cuts Forecast
Despite topping its earnings estimates on Tuesday, shares of Stitch Fix were falling after the…
December 7, 2021
Stitch Fix CEO Steps Down From Company Suddenly
In a move that surprised Wall Street this week, the CEO of Stitch Fix, Katrina…
April 15, 2021
Luxury
Stitch Fix Shares Plunged after Company Reports a Quarterly Loss and Dismal Outlook
Shares of monthly subscription styling service Stitch Fix saw its shares drop this week after…
March 9, 2021
Hot Stocks
Stitch Fix Soars Over 30% On Stellar First Quarter Results
Online personal styling service Stitch Fix saw its shares explode on Monday after the company…
December 7, 2020
Hot Stocks
Stitch Fix is Letting Go of 1,400 Employees in This State
According to Wall Street Journal report, online personal styling service Stitch Fix announced on Monday…
June 2, 2020
Hot Stocks
Stitch Fix Shares Drop Despite Beating on Earnings
Shares of Stitch Fix, an online personal styling service in the United States, were falling…
October 2, 2019
Hot Stocks
Stitch Fix Jumps in After Hours Trading after Beating on Earnings
Shares of Stitch Fix were exploding in after-hours trading on Wednesday as the company reported…
June 6, 2019