Breaking: AI startup Stitch Fix to conduct massive layoffs starting this week

AI startup Stitch Fix, a company that uses algorithms and computer vision to help consumers find clothes they like, is apparently taking a bold approach to company expansion: it’s “significantly reducing” the number of employees it has so that it can hire people in other states. TNW obtained a copy of a memorandum sent to “Stylists” at the company and confirmed its veracity with independent sources familiar with the situation: According to the memo, the company is