Farfetch to axe up to 30% of workforce

Farfetch is understood to be looking to lay off between 25% and 30% of its workforce as new owner Coupang works to “streamline the business”.
Staff at the online luxury retailer were told on Friday that it “will begin the process of saying goodbye to colleagues and friends who have been important parts of Farfetch’s journey thus far”, Drapers reported.
The company wrote in an internal memo: “We have decided to streamline the business to allow us to operate fro