Stitch Fix lays off 20% of workforce and its CEO steps down

[news]

Stitch Fix, facing economic turbulence, announced a double whammy on Thursday: CEO Elizabeth Spaulding is stepping down and the company planned to lay off 20% of its salaried staff.

More... (https://www.cnn.com/2023/01/05/business/stitch-fix-layoffs/index.html)