$Rent the Runway, Inc.(RENT)$ At the beginning of 2024, American companies are either laying off employees or on the way to layoffs. Tech giants are cutting jobs, and other companies are not immune.
In the retail industry, clothing rental company Rent the Runway has submitted documents to the U.S. Securities and Exchange Commission (SEC), announcing that it will lay off 10% of its employees and is expected to complete its restructuring by the end of the second quarter of this year.
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