It appears that there’s one last hitch in Fab’s final transition to become a design-focused ecommerce hub. After big layoffs in the summer, then again in the fall, followed by the departure of co-founder Bradford Shellhammer, Fab might also be losing Chief Operating Officer Beth Ferreira, according to Bloomberg. The shakeups seem to be tied to over-expansion during the company’s two-year rapid growth period. CEO and co-founder Jason Goldman has yet to make any personnel announcements, or hinted towards adding fresh blood to the C-suite, but this news still isn’t too fab for Fab.
Story posted at: bloomberg.com