Jan. 9, 2024 9:22 am ET

Rent the Runway is putting in place another restructuring plan that includes cutting about 10% of its corporate roles.

The fashion subscription company on Tuesday said the turnaround plan comes with the resignation of Anushka Salinas as operating chief and president, effective Jan. 31.

Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

This post first appeared on wsj.com

You May Also Like

Fox News Pushes to Have Defamation Suit Against It Dismissed

In the months since the election tech company Smartmatic sued Fox News…

Weapons of mass destruction charge added for 3 accused in Michigan governor kidnap plot

Three men accused in a plot to kidnap Michigan Gov. Gretchen Whitmer…

Pilot accused of flying from Vermont to stalk New York woman

BENNINGTON, Vt. — A man has been accused of stalking a woman…

Congressional leaders putting ‘finishing touches’ on Covid relief deal as funding deadline nears

WASHINGTON — Congressional leaders inched closer to sealing a coronavirus relief deal…