Zulily CEO reveals layoffs and restructuring in internal email
- Zulily is restructuring and laying off employees at corporate offices in Seattle and Columbus, according to a Zulily spokeswoman and an internal memo reviewed by Business Insider.
- "We are at a critical inflection point in our business," Zulily CEO Jeff Yurcisin wrote to employees Wednesday in an email reviewed by Business Insider. "These were difficult decisions to make, but we are committed to supporting our impacted team members as they transition out of our company."
- The company declined to say how many employees would be impacted by the layoffs.
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Zulily is restructuring and laying off employees at its corporate offices in Seattle and Columbus, according to a company spokeswoman and an internal memo from the CEO.
A Zulily spokeswoman declined to say how many employees would be impacted by the layoffs.
"Today, we announced to our team members organizational changes designed to accelerate focus and growth in areas of innovation that will help us best meet the evolving needs of our customers and other key stakeholders," the spokeswoman told Business Insider. "Unfortunately, this restructuring comes with team member impact. Impacted team members will be provided with support for their transition."
Zulily CEO Jeff Yurcisin announced the changes in an email sent to employees on Wednesday.
"We are at a critical inflection point in our business," Yurcisin wrote, according to a copy of the email that was reviewed by Business Insider.
He said the company is streamlining operations and increasing investments in "technology, the user experience, and other areas to help support speed and agility."
"Unfortunately, these changes impact some of our team members at both our Seattle and Columbus offices," he wrote. "These were difficult decisions to make, but we are committed to supporting our impacted team members as they transition out of our company."