Online & Digital
Naked Wines axes roles in plan to ‘pivot to profit’
It comes after investment into inventory spending and adding to its cost base did not match demand, with the group admitting it ‘made mistakes’ in the ‘pursuit of rapid growth’
Naked Wines has made around 6% of its workforce redundant as part of a raft of measures to help the business “pivot to profit” and reset its cost base after weaker demand hit its profitability.
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