Fab.com starts dismissal of staff in Europe
Newly released on the IPO's popular western designer items Fab.com started a downsizing, trying to reduce operating costs. Today it was announced that the company is cutting more than a hundred workers in Berlin and brings together a significant part of its operations on the basis of the company's office in New York. Recall that Fab.com in February 2012 bought a German Internet company Casacanda, after which the basis of its Berlin office was relocated operations Fab.com, associated with marketing, sales and merchandising.
Now the company said that many of the operations in Berlin duplicate operations in New York, and the first to be reduced Fab.com CEO Brad Goldberg, the company's blog says that about 30 people in Berlin will offer to move to New York. He said that now Fab.com all operations of the company, including in Europe , will drive from New York City.
However, the office in Berlin to continue, it will be used for customer service, return policy, supply chain management and other technical needs. Today in Fab.com employs about 600 people, IPO of the company was held last month, the company raised from investors $ 150 million. In the company invested large Internet holdings, including the Chinese Tencent.
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