Birchbox is set to layoff 25% of its workforce. We see the subscription boom coming to an end. However, the big reasoning of the layoff is from the sale of the company’s French business. Birchbox will be in the hands of it founders and private investors. We look to see where this is all headed. 40+ New York office workers will be effected by the layoff. The downsize happens as the French business is set to be ramped up.
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