RetailAU

Redbubble Layoffs

January 2023

Redbubble announced a layoff affecting 0 employees (14% of its workforce) in January 2023. The company operates in the Retail sector.

People Affected

Percentage

14%

Announced Date

Jan 18, 2023

About

Redbubble, an online marketplace for independent designers, is laying off 14% of its workforce as part of a cost-cutting initiative aimed at achieving positive cash flow by the end of 2023. The company, operating in the e-commerce and retail industry, announced this restructuring in January 2023, citing challenging economic conditions where consumers are making tougher spending choices due to higher inflation. This reduction reflects broader pressures on discretionary spending affecting the online retail sector.