New York City, New York-based Warby Parker, originally an online direct-to-consumer retailer of prescription glasses, contact lenses, and sunglasses,and now with 160 brick-and-mortar stores, the company has announced a layoff in response to market conditions.
The reduction in force will impact 15% of its corporate workforce, estimated to be 63 employees.
According to an internal memo, "As we have discussed over the past few weeks, the global economy continues to face significant volatility and uncertainty. This is impacting consumer behavior in every industry, including the optical industry. As a business, we must do our best to adapt, which sometimes involves making difficult decisions in the best interests of the company."
"While this was an incredibly difficult decision, we are making these changes to enable us to operate in a more focused and nimble manner and to capitalize more efficiently on our highest impact opportunities."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?