Away, the luggage brand backed by venture firms Accel and Forerunner Ventures, has furloughed roughly half of its 500-person workforce and laid off another 60 corporate employees. The cuts impacted nearly every department at New York-based Away, which has seen sales plummet 90% over the last few weeks, the company’s founders Steph Korey and Jen Rubio wrote in a blog post on Tuesday. Travel has...
covid-19
startups
travel
venture capital
Luggage Startup Away Announces Big Job Cuts as Sales Plummet
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