SurfStitch to cut 40 jobs in US

SurfStitch is cutting 40 jobs in the US as the embattled online retailer restructures its US operations.

Products at a surf shop

SurfStitch is cutting 40 jobs as the embattled online retailer restructures its US operations. (AAP)

SurfStitch is cutting about 40 jobs in the US as the beleaguered online retailer restructures its US operations.

A spokeswoman for SurfStitch declined to say how many employees the company has in the US but said it has 500 across the board.

SurfStitch earlier this month cut its annual earnings forecasts for the second time in just over a month, amid challenging trading conditions.


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Source: AAP


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