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Stitch Fix is dramatically stepping up its cost-cutting measures as its customer count and net revenue continue to slip. Stitch Fix reported net revenue of $455.6 million for the first fiscal quarter of 2023, a decrease of 22% year over year.
Stitch Fix Announces Fourth Quarter and Fiscal Year 2023 Financial Results
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Stitch Fix lays off 20% of workforce and its CEO steps down
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Layoff News: Stitch Fix To Replace CEO And Cut 20% Of Workforce
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