Rent the Runway to Cut Corporate Staff by 24% After Q2 Active Subscriptions Drop
Retail TouchPoints
SEPTEMBER 13, 2022
The restructuring plan focuses mainly on a reduction in workforce, with some closures of open roles and reduced backfills, as Rent the Runway reorganizes to focus on customer experience and company growth. million , it expects to save $25 million to $27 million in operating expenses during FY 2023. “We
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