Wet Seal's Disasterous Downsizing
- Sunday, 18 January 2015
- News Roundup
Having been in trouble for years and with its stock worth just pennies, once-hot teen retailer Wet Seal recently announced the immediate shuttering of 338 stores and laying off of 3,700 employees. But what’s unusual about Wet Seal’s story is the way the news was delivered to the public: by the employees themselves. So reports The Washington Post.
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