
It also seems apparent that companies, generally speaking, are getting less concerned with the individual worker, as unemployment spiked with over 40 million people filing for unemployment since the start of the Covid-19 pandemic. These measures are designed to cut costs and save the company money. Stitch Fix doesn't give part-time workers healthcare coverage.” Hensel added, “The 2,000 styling jobs that Stitch Fix will be hiring for in other cities, like Minneapolis and Austin, will also be part-time.”Ī company spokesperson said, “Employees who do not want to relocate will receive a minimum two-week severance payment, continued healthcare, help getting another job and possible bonuses for staying on until the layoffs are complete.” Stitch Fix founder and CEO Katrina Lake said in a statement, “Any decision that impacts our hardworking and talented people is incredibly tough, but we believe this is the right thing to do for our business.” But, most of the employees laid off were part-time employees.

If You Want To Get More Daily Such Jobs Updates, Career Advice Then Join the Telegram Group From Above Link Also Press Red Bell Icon At The Left Side of Page To Subscribe our Updates.Although Stitch Fix is laying off staff in San Francisco, the company plans to hire 2,000 stylists in lower-cost locations, like Dallas, Pittsburgh, Cleveland, Minneapolis and Austin.Īnna Hensel, a reporter covering the digital strategies of big-box retailers and startups for Modern Retail, tweeted about the downsizing, “When Stitch Fix announced the layoffs on Tuesday, the company said it would extend healthcare benefits for impacted employees. Join Telegram Group of Daily Jobs Updates for USA Recruitment: Click HereĬyberTecz has Launched a Truly Secure Social Networking Platform: Click here Okta Recruitment Process, Test and Exam Pattern: Click here Okta Mock Test with Aptitude and Coding Assessment: Click here
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