Commerce

Fab Makes Big Cuts Again, Laying Off Nearly 20 Percent of Staff

Published on October 3, 2013
by Peter Kafka

After suggesting via an internal memo that he would lay off staff, Fab CEO Jason Goldberg has laid off 101 employees, or nearly 20 percent of the e-commerce startup’s staff. Fab, which raised $165 million this summer, also let go of more than 100 employees in July.

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