Stitch Fix Layoffs
January 2024
Stitch Fix announced a layoff affecting 0 employees in January 2024. The company operates in the Retail sector.
0
Jan 18, 2024
About
Stitch Fix, the online personal styling service, is eliminating all full-time positions for its stylists and laying off 10 styling leaders as part of a broader cost-cutting effort. This shift to a fully part-time model, effective March 31, 2024, impacts about a quarter of its roughly 2,620 stylists who were previously full-time. The move comes as the apparel e-commerce retailer faces persistent challenges, including seven consecutive quarters of declining sales and a shrinking active client base. Despite making progress on reducing losses, the company is restructuring its styling workforce to further control expenses in a competitive retail industry.
Related Events
More Retail Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl