Lot18 Lays Off 35 Percent of Its Staff: Pivots from High-End Flash Sales to Regular Old Direct Response
Lot 18, the troubled New York-based wine sales marketplace, has booted another batch of staffers. AllThingsD broke the news that the company laid off 25 employees this morning, cutting approximately 35 percent of its staff. This brings the total employees to 46, about half as many as it boasted just a year ago. Read More
