Fab Hints at More Layoffs Amid Restructuring and Profitability Push

Fab CEO Jason Goldberg hinted in an email to his staff today that more layoffs may be on the horizon, as the company pursues becoming “the most loved company in the world.” “Our processes are changing, along with our investments in technology that may impact the number of people required to perform various tasks,” Goldberg wrote. “And at the same time, we are accelerating our path to profitability, with a commitment to get Fab profitable on our current financing by continuously optimizing our cost structure.”