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Farfetch reportedly to cut up to 30 percent of workforce

Amid an ongoing upheaval of its management team, luxury e-tailer Farfetch is now also reportedly set to lay off between 25 and 30 percent of its workforce. This is according to a company-wide memo sent to employees and seen by Drapers, which reported the news and stated that the move was part of Coupang’s efforts to “streamline the business”....