Shutterfly layoffs: Photo company cuts staff, moves some to Minneapolis - Business Insider

Their businesses are complementary, Harding said, with Lifetouch capturing the photos and Shutterfly helping the recipients preserve them in prints, photo albums, and gifts like calendars, coffee mugs, and plaques. Lifetouch takes photos of "They want to do more with those pictures than send home a packet to mom and dad, which is what Shutterfly does," Harding told Business Insider.

She added that Lifetouch delivers an influx of new customers who are "increasingly expensive to go out and get." It brings an average of 1 million kindergarteners into the fold annually."If we put these two businesses side-by-side physically, we believe there's a lot more opportunity to learn from each other and think holistically about the customer experience," Harding said.

The company will continue to base corporate leadership, engineering, and support staff at the California headquarters. According to Harding, Shutterfly has about 8,000 "primarily full time" employees. Shutterfly's business is largely seasonal, with orders for custom cards surging before the winter holidays.

Shutterfly started trading on the public markets in 2006, and returned to private ownership last year with Apollo Global Management Photo. In its last financial report as a public company in June 2019, Shutterfly reported a net loss of $96 million over the previous six months, with revenue of $800 million., Hilary Schneider, who left the top job at dog-walking service Was after about a year.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Vice Media is consolidating its offices to get to profitability - Business InsiderThe move will help the heavily funded yet still unprofitable venture-backed media company cut costs.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Facebook's Oversight Board to be ready by summer - Business Insider - Business InsiderFacebook likely hopes to regain trust among stakeholders by creating a board that is both representative and transparent in its decision-making
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

AT&T sets its future course after Q4 earnings - Business Insider - Business InsiderAT&T's mediocre Q4 2019 earnings shed light on the company's plan to intertwine its media and connectivity businesses while reducing its debt. super!
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

BMJ backs Patchwork startup in bid to tackle NHS staffing crisis - Business InsiderThe two doctors founded Patchwork after struggling to find work-life balance in the UK's healthcare system.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Nordstrom opens secondhand store in New York: photos - Business InsiderWe went inside Nordstrom's new secondhand store and saw how resale is the latest way department stores are reinventing themselves As a way of improving the economy Federal Government empowerment loan is out to full time business men/women , Note loan are from the minimum of (200,000.00 to the maximum of 10,000,000.00). Contact Hon, Adams ON, +2349034957596 for more details about the loan program).
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »