Some downsizing is on the cards for Gilt Groupe, the fashion flash-sales site that has been valued at $1.1 billion. TechCrunch has learned that the company is cutting 45 jobs, including its CMO Clay Cowan and head of international business Marshall Porter, as it tries to turn profitable by next year. TechCrunch first heard of the layoffs from two sources before confirming the details with… Read More
Source: TechCrunch