Glossier just laid off one-third of its corporate employees, mostly in tech
TechCrunch LA
JANUARY 26, 2022
The email recounts some of the company’s recent mistakes, including prioritizing strategic projects that “distracted” the company from its core beauty business and that executives “got ahead of ourselves on hiring.”. E-commerce sales typically account for 80% of Glossier’s revenue, the Business of Fashion reported last July. .
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