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Stitch Fix announces 20% reduction of salaried workforce

Stitch Fix founder Katrina Lake told employees today: "I’m sharing the difficult news that we will be reducing the size of the Stitch Fix team by about 20% of salaried positions. In addition, we are closing our Salt Lake City distribution center, where our team is also impacted. We will be losing many talented team members from across the company and I am truly sorry. Everyone will get an email soon letting you know what this means for you." Reference Link

Published first on TheFly

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