Stitch Fix is reducing its salaried workforce by 15%, about 330 jobs, CEO Elizabeth Spaulding said in an internal memo sent to employees Thursday morning, which is now posted online.
The reduction reflects about 4% of all company roles, mostly non-technology and styling leadership, according to the company blog post.
A company spokesperson said no stylists are affected, and declined to confirm reports from several California-based “VIP” stylists, speaking to Retail Dive on condition of anonymity out of concern for their final paychecks, that they were laid off. VIP stylists work with influencers, celebrities and other high-profit clients. The spokesperson said only styling leadership were affected.
Source: Retail Dive
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