Clothing & Shoes

Stitch Fix cuts workforce as CEO exits

Following Spaulding’s departure, founder and former CEO Katrina Lake will step in as interim CEO, a position she will hold for six months or until a successor is appointed

Stitch Fix, an online personal styling service, has announced it will reduce the size of its workforce by around 20%, alongside news that its current CEO, Elizabeth Spaulding, is stepping down from the group.

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