Glossier Cuts About Half Of Its New York Staff

"Glossier has framed the layoffs and store closures as part of a strategic reset meant to "allow investment where it drives the business most" and speed up decision-making."

"The latest layoffs land on top of a separate round of office job losses in February, when roughly 50-60 corporate employees were let go during an all-hands meeting as the new chief executive reshuffled teams."

"Analysts say that approach will thin out local retail headcounts and nudge more sales toward wholesale partners and e-commerce."

"Company leaders told the Business of Fashion that those remaining stores will double as testing grounds for events and new ideas."

Glossier has significantly reduced its New York workforce, cutting about half of its local staff, including corporate and retail positions. This move follows previous layoffs and adjustments to the company's store footprint. In addition to the layoffs, Glossier plans to close nine of its twelve retail locations over the next two and a half years, focusing on three flagship stores. The company describes these changes as a strategic reset to enhance investment and decision-making efficiency.

Read at Hoodline