Thinx Layoffs
January 2024
Thinx announced a layoff affecting 95 employees in January 2024. The company operates in the Retail sector.
95
Jan 31, 2024
About
Thinx, the period underwear brand, is laying off 95 employees in New York City effective May 1, as part of organizational changes following its integration into majority owner Kimberly-Clark's global portfolio. The layoffs, cited as due to a merger and plant layoff in a WARN notice filed in late January, represent a restructuring effort as the direct-to-consumer brand, founded in 2013, continues to expand its retail presence in stores like Walmart and Target. The move underscores the ongoing evolution of the brand within the broader consumer goods industry under its corporate parent.
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