Dog-treat subscription company Bark to cut 12% of its workforce in cost-cutting move

  • 📰 DispatchAlerts
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The company behind the BarkBox dog-toy-and-treat service will cut 12% of its workforce in a cost-cutting move.

by one of the young, fast-growing companies either based in Columbus or with significant operations here.

“Decisions like this are never easy because they impact people — our colleagues and friends — who have worked hard to support Bark and its customers," the company's cofounder and CEO, Matt Meeker, said as part of a release detailing the company's financial results for the quarter that ended Dec. 31."To the employees affected, I am truly grateful for your contributions and dedication.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Performance Performance Timeframe 0yr, 11mo Annualized Return -- Return -$115.37 Cost Basis Cost Basis $276.02 Unrealized Gain/Loss View Details -$149.03 Realized Gain/Loss

Any stakeholders cash diluted share equity BARK INC (BARK) Category Aggressive Growth Type Stocks Closing Value $162.68 as of 2/9/2023 Change -$35.69 Details Shares 83 Price Per Share $1.53 Today's $ Change -$0.43 Today's % Change -21.94% Estimated Current Value $126.99

Hope cuts not to much fast growing company to many cut...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 72. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines