Thrasio layoff entire leadership team, from CEO, CFO, CTO, CCO, etc.
Another massive layoff, Thrasio that invested heavily on data science and automation, after filing chapter 11, now layoff entire C-suite. https://www.cnbc.com/amp/2024/04/24/amazon-aggregator-thrasio-loses-ceo-other-top-execs-in-bankruptcy.html They also layoff the entire data science, majority of folks in analytics and engineering team. Is this company going to survive? TC: 300k
CNBCWtf is Amazon aggregator?
That's why they'll die
Sounds like one of those companies that was built with the sole purpose of stealing petrodollars from Saudi investors. Seems like a success story to me since they reached the exit scam phase.
Yikes
Their whole business concept makes no sense no one gives a damn about cheap brands they buy in Amazon there is no brand loyalty.
nope π
Yes, I have 4 friends working there. And all four were under VP of data science and they got layoff. They verify this story and many more also got layoff.
I think he's just answering your question if they're going to survive.