Posted on August 11, 2022
Online furniture store Article laid off 216 employees, representing 17 percent of its team. Meanwhile, fine jewelry brand Mejuri reduced its workforce by 10 percent, which amounts to 50 people.
First reported by Vancouver Tech Journal, Aamir Baig, co-founder and CEO of Article, confirmed the staff reduction in a post on the company’s website. He said the layoffs were a first in Article’s 11-year history, attributing the move to missed financial projections.