Around the Net

Fab Gutting New York Workforce

  • Re/code, Thursday, May 22, 2014 11:54 AM
Having seen better days, e-tailer Fab.com is cutting about a third of its global workforce, or as many as 90 employees. Worse yet, “All of the cuts will occur at the company’s New York headquarters, which is believed to house somewhere between 120 and 150 employees,” Re/Code reports. The plan is to “trim costs as it shifts resources to focus more on designing and developing products under its own brand name.”
 

Read the whole story at Re/code »

Next story loading loading..