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October 7, 2015 02:55 am GMT
Some downsizing is on the cards for Gilt Groupe, the fashion flash-sales site that hasbeen valued at $1.1 billion. TechCrunch has learned that thecompany is cutting 45 jobs, including its CMO Clay Cowan and head of international business Marshall Porter, as it triesto turnprofitable by next year. TechCrunch first heard of the layoffs from two sources before confirming the details with… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/UO3LVpYuoYc/
Gilt Groupe Cuts 45 Jobs Amid A Quest For Profit, CMO And International Head Exit
Some downsizing is on the cards for Gilt Groupe, the fashion flash-sales site that hasbeen valued at $1.1 billion. TechCrunch has learned that thecompany is cutting 45 jobs, including its CMO Clay Cowan and head of international business Marshall Porter, as it triesto turnprofitable by next year. TechCrunch first heard of the layoffs from two sources before confirming the details with… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/UO3LVpYuoYc/
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