Stitch Fix Layoffs
July 2023
Stitch Fix announced a layoff affecting 400 employees in July 2023. The company operates in the Retail sector.
400
Jul 12, 2023
About
Stitch Fix, an online personal styling service, is laying off approximately 393 employees as it closes its Bethlehem, Pennsylvania warehouse, known internally as the Bizzy. The layoffs, part of broader cost-cutting measures amid revenue declines, will occur in waves from September 2023 through February 2024. The company decided not to renew the warehouse lease, consolidating its fulfillment operations to three other centers. This closure follows the shutdown of its Mohnton Mills sewing factory last year and is expected to save about $15 million annually. The move reflects ongoing challenges in the retail and e-commerce industry as Stitch Fix adjusts its operational footprint.
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