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January 20, 2012 08:03 pm GMT
Members-only shopping site RueLaLa, a former subsidiary of GSI Commerce (before the eBay acquisition) just cut roughly 60 positions from its workforce of 550 employees, but an SEC filing published yesterday afternoon reveals that the flash sales company also recently completed a $22 million financing round.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tVQhJmtEL0M/
After Laying Off 60 People, RueLaLa Raises $22 Million
Members-only shopping site RueLaLa, a former subsidiary of GSI Commerce (before the eBay acquisition) just cut roughly 60 positions from its workforce of 550 employees, but an SEC filing published yesterday afternoon reveals that the flash sales company also recently completed a $22 million financing round.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tVQhJmtEL0M/
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