Redbubble axes 75 roles in new cost-cutting round
Tess BennettTechnology reporter
Redbubble’s returning chief executive Martin Hosking will eliminate 75 roles at the listed online arts and crafts marketplace, the equivalent of 23 per cent of its workforce, in an effort to restore it to positive cash flow.
The business on Wednesday announced its new round of cost cutting in an effort to save $13 million to $15 million annually.
Loading...
Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Technology
Fetching latest articles