Stitch Fix to ramp up cost-cutting amid continued revenue
By A Mystery Man Writer
Description
Stitch Fix is dramatically stepping up its cost-cutting measures as its customer count and net revenue continue to slip. Stitch Fix reported net revenue of $455.6 million for the first fiscal quarter of 2023, a decrease of 22% year over year.
![Stitch Fix to ramp up cost-cutting amid continued revenue](https://uploads.republic.com/p/offerings/slider_media_items/previews/default_2x/000/001/950/1950-1636531681-c7f6404febffc0155bd9a7268c4ec116593fb27d.png)
Wearwell — Republic
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A comprehensive list of 2023 & 2024 tech layoffs
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News of the Week (December 4-8) - by Brad Freeman
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Why Stitch Fix isn't like Blue Apron (and how it stacks up in its own industry) - Bloomberg Second Measure
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News of the Week (December 4-8) - by Brad Freeman
Major Tech Layoffs in 2024: An Updated Tracker
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Stitch Fix Continues To Lose Customers, But Profitability Is Hanging On (NASDAQ:SFIX)
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Is Stitch Fix's IPO The Latest E-Commerce Dud Or Is Its Styling Algorithm A Game-Changer?
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How Stitch Fix Is Cutting Costs Without Conducting Mass Layoffs
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Stitch Fix Stock Breaks Down on Profitability Concerns
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Stitch Fix bests estimates as revenue soars 25% on new products, more clients
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Stitch Fix to Cut 20% of Salaried Workers as CEO Steps Down - Bloomberg
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