Wednesday, April 22, 2020

Casper lays off 21% of staff, CFO to exit

Retail Dive
Direct-to-consumer mattress brand Casper announced Tuesday that Greg Macfarlane, CFO and COO, will leave the company on May 15 "to assume a senior executive role outside of the Sleep industry," according to a company press release.

The company also laid off 78 employees, or 21% of its global corporate workforce, and is going to "wind down" its European unit, which it expects to complete by the end of this year. . . . more