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Wholesale marketplace Faire, which raised at a $12.6B valuation last year, lays off 20% of its staff

4.7 (742) · $ 8.00 · In stock

Wholesale marketplace Faire, which raised at a $12.6B valuation last year,  lays off 20% of its staff

Wholesale marketplace Faire has laid off 20% of its staff, or about 250 people, as part of a restructuring, according to multiple reports. Business Insider broke the news, reporting that the job cuts were companywide. Faire in October of 2022 had laid off 7% of its staff, which totaled about 1,200 at that time, according […]

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Wholesale marketplace Faire, which raised at a $12.6B valuation last year,  lays off 20% of its staff

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