Briefing
startups e-commerce

Birchbox Lays Off 25% of Employees

By
Kevin Dugan
· · Source: The Information

Nearly two years after selling a majority stake to a hedge fund, Birchbox is laying off a quarter of its staff as the subscription cosmetics company once again tries to get on firmer financial footing. The 10-year-old company, which employed 230 people last year, informed employees last week about the cuts, which will affect about 57 people. Birchbox also plans to move some of its U.K....

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