$1 billion startup Rent the Runway has furloughed 35% of its employees as the coronavirus ravages retail. Its path back to success isn't so simple.

Business Insider

Published

· Rent the Runway has furloughed roughly 35% of its corporate employees and cut overall headcount as a result of the fallout from the coronavirus, the company confirmed to Business Insider.
· A slew of startups, from scooter company Bird to luggage-maker Away, have been grappling with the effects of the pandemic. 
· As a...

Full Article