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Redbubble shares plunge as 14pc of staff made redundant and CEO Michael Ilczynski warns of subdued conditions - Vimarsana News

Redbubble shares plunge as 14pc of staff made redundant and CEO Michael Ilczynski warns of subdued conditions

The shares are down 11 per cent as the layoffs form part of a cost-cutting program to help return the online marketplace to cashflow positive by year end.

Source: afr.com