Still struggling, Fab will cut 80-90 employees tomorrow

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.

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