Everlane
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Layoff History
30
affected
Everlane laid off 30 employees representing approximately 17% of its workforce on 2023-01-05.
227
affected
Everlane, the clothing retailer known for its "radical transparency" and ethical branding, has conducted significant layoffs amid the COVID-19 pandemic, despite earlier assurances to staff about the company's strength. The layoffs affected 42 out of 57 remote "customer experience" workers who were unionizing, along with 180 part-time retail employees, while 68 full-time retail staff were furloughed. Additionally, eight temporary workers were laid off with minimal notice. CEO Michael Preysman cited depressed online sales and store closures as reasons, taking a zero salary himself while senior leadership reduced theirs by 25%. The layoffs occurred in early 2020, impacting the retail industry, with Everlane operating as a mid-scale ethical fashion brand.