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Stitch Fix to Lay Off 20% Staff and Close Distribution Center

Stitch Fix is undergoing another transformation, replacing its CEO, laying off 20% of staff and closing a distribution center.
illustration of the number five, representing the five subscription business topics for this column, Five-on-Friday

Five on Friday: Direct-to-Consumer, Coffee and Crypto

Caribou Coffee launches coffee subscription program, YouTube TV and NBCUniversal reach temporary deal, and AMC Theatres expands the cryptocurrency it will accept.
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Weekly Subscription News: Sports Sites, Copyright and Social Distancing

Reddit co-founder resigns from board, calling for a Black successor; DocuSign benefits from social distancing and remote work; and The Athletic lays off 46.
Subscription service Stitch Fix plans to lay off 1,400 California stylists due to the high cost of doing business in that state.

Subscription Service Stitch Fix to Lay Off 1,400 California Stylists

Subscription service Stitch Fix plans to layoff 1,400 California stylists due to the high cost of doing business in that state.

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