Rent The Runway Cuts 10% Of Workforce And COO Exits

Clothing-Rentals  (AP Photo/Seth Wenig)Copyright 2019 The Associated Press. All rights reserved.Rent the Runway announced that it is eliminating 37 corporate positions and COO Anushka Salinas will leave the company on January 31. Her resignation comes on the heels of a company restructuring. These actions are on top of earlier staff cuts made last September.Jennifer Hyman, CEO, and chair of the board, explained that these steps were taken to help the company restore the growth and achieve profitability.Rent ...