RetailAU
Redbubble Layoffs
May 2023
Redbubble announced a layoff affecting 70 employees (23% of its workforce) in May 2023. The company operates in the Retail sector.
People Affected
70
Percentage
23%
Announced Date
May 10, 2023
About
Redbubble, a listed online arts and crafts marketplace, is laying off 75 employees, which represents 23% of its workforce. The cuts, announced on May 10, 2023, are part of a broader cost-reduction effort by returning CEO Martin Hosking aimed at saving $13 million to $15 million annually and restoring the e-commerce company to positive cash flow.
Source
View Sourcewww.afr.comRelated Events
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