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It seems that hard times are continuing for struggling e-commerce startup Fab, as a company spokesperson confirmed to Buzzfeed today that it will lay of 80 to 90 employees — roughly a third of its current staff — in meetings tomorrow. The news comes as the team has spent the last six months putting together a line of sofas, which launched on Tuesday, in an effort to pivot from flash deals. The past year hasn’t been the greatest for Fab: Once worth roughly $1 billion to investors, the company shed 200 employees over two different layoffs in 2013 and also lost cofounder Bradford Shellhammer.

  1. Never heard of Fab, and I’m online all the time. Could that be part of the problem?

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  2. Bad news about FAB :(

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