Mejuri Layoffs
August 2022
Mejuri announced a layoff affecting 50 employees (10% of its workforce) in August 2022. The company operates in the Retail sector.
50
10%
Aug 5, 2022
About
In response to a challenging economic climate marked by reduced consumer spending and high inflation, the direct-to-consumer fine jewelry brand Mejuri has laid off 50 employees, representing 10 percent of its workforce. The cuts, part of a broader trend affecting retail startups, were attributed to macroeconomic pressures including supply chain disruptions and shifting post-pandemic shopping habits. While the exact date of the layoffs was not specified, the announcement was made public this week, highlighting the difficulties faced by e-commerce companies as they adjust to a return to pre-Covid demand levels.
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