Mattress company Casper laying off 21% of staff during economic crisis - Business Insider

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Casper, the money-losing mattress retailer, is laying off 21% of its corporate staff amid the economic crunch

The company, which has a history of losses, is only the latest consumer business to shear off large numbers of staffers amid the economic crunch.

The company did not provide details on what parts of the business are hardest hit by the layoffs. Though, it said it's windowing down operations in Europe through the end of the year. The affected employees will receive severance, extended health benefits, and support finding their next job.

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