1 928
Fashion Jobs
PORTMANS
Planner - Portmans
Permanent · MELBOURNE
L'OREAL GROUP
Supply Chain, Operations & IT HR Manager
Permanent · MELBOURNE
L'OREAL GROUP
Business Consultant - Redken & Pureology
Permanent · MELBOURNE
SSC WATCH & JEWELRY
Human Resource Business Partner
Permanent · SYDNEY
TIFFANY & CO
Visual Merchandising Specialist | Full-Time | Melbourne
Permanent · MELBOURNE
FASHION GROUP
Senior Human Resources Manager, Oceania
Permanent · SYDNEY
TIFFANY & CO
Visual Merchandising Manager, Anz | Full Time
Permanent · SYDNEY
TIFFANY & CO
Operations Coordinator | Full-Time | Collins Street
Permanent · MELBOURNE
JUST JEANS
Product Manager - Just Jeans
Permanent · MELBOURNE
JUST JEANS
Junior Product Manager - Just Jeans
Permanent · MELBOURNE
HENKEL
Sales Representative (Nsw)
Permanent · CHATSWOOD
HENKEL
Sales Representative (Vic/Tas)
Permanent · MELBOURNE
PETER ALEXANDER
Supply Coordinator - Peter Alexander
Permanent · MELBOURNE
MYER
Account Manager
Permanent · DOCKLANDS
LORNA JANE
Regional Leader - sa
Permanent · ADELAIDE
LORNA JANE
Regional Leader - sa
Permanent · ADELAIDE
MYER
Cosmax Fragrance Consultant
Permanent · MIRANDA
ADIDAS
Manager, Trade Marketing Activation (Melbourne)
Permanent · MELBOURNE
PETER ALEXANDER
Product Supply Coordinator - Peter Alexander
Permanent · MELBOURNE
FOREVER NEW
Inventory Coordinator
Permanent · MELBOURNE
LORNA JANE
Warehouse Coordinator
Permanent · EAGLE FARM
ESSILORLUXOTTICA GROUP
Regional Sales Manager | Adelaide (sa)
Permanent · ADELAIDE
Translated by
Barbara Santamaria
Published
Oct 2, 2019
Download
Download the article
Print
Text size

21 Buttons to cut jobs in cost-saving drive

Translated by
Barbara Santamaria
Published
Oct 2, 2019

21 Buttons, the Spanish startup connecting social media with ecommerce, has announced plans to trim its 170-strong workforce. It is understood that the job cuts come as part of a cost-saving drive and a shift towards a new business model.


21 Buttons has warned of "dozens" of job cuts - 21Buttons


Staff at the business have already been informed of the decision, which will see “dozens of redundancies” take place over the next few weeks, Spanish newspaper La Informacion reported on Tuesday. 21 Buttons refused to respond to a request for comment from FashionNetwork.com.

The planned job cuts come as 21 Buttons prepares to change its business model. Currently based on affiliate marketing, where the startup charges a commission for every transaction that takes place on its platform, the company is considering new income streams such as a subscription shopping service like the one from Spanish company Lookiero.

The company does not disclose the details of its financial performance, but the latest accounts submitted with Spain’s Central Mercantile Register show it made revenues of 33,000 euros in 2017.

The growing startup announced in May its launch in six more countries, further growing its presence across Europe, South America and Russia. The company says it has over 10 million users and attracts 22 million annual visits. The expansion is partly funded by a recent funding round of 14.5 million euros led by Idinvest Partners with the participation of Kibo Ventures, Breega, Samaipata, JME VC, 360 Capital Partners and Sabadell VC.

Copyright © 2024 FashionNetwork.com All rights reserved.