The RealReal Cuts 230 Jobs in Streamlining Effort Aimed at Reaching Profitability
Retail TouchPoints
FEBRUARY 17, 2023
The RealReal will cut operating costs through layoffs and store closures, with plans to eliminate 230 positions, or 7% of its workforce, according to a filing with the Securities and Exchange Commission. million , primarily in severance payments, employee benefits and similar expenses. Revenue for Q3 2022 was $142.7
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