Zulily curtails operations
image for illustrative purpose
San Francisco: Amazon competition Zulily, which was once valued at $7 billion, is laying off hundreds of employees in the US while shutting down operations, according to media reports and state filings. Zulily will lay off 292 workers in Seattle and elsewhere in Washington, effective from February 7, according to a notification from the state Employment Security Department, reports Seattle Times.
The 13-year-old company is also shutting down its Pioneer Square headquarters and several other facilities in other States, according to GeekWire.
The closing of warehouses in Nevada and Ohio will result in another 547 layoffs, according to notices from both states.
The latest job cuts follow several earlier rounds of layoffs at Zulily, as well as the resignation of its CEO Terry Boyle in October.
