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Online furnishings site One Kings Lane will lay off 20% of its workforce, reports Re/Code. This comes only six months after One Kings Lane landed $112 million in investments.
According to an anonymous source, the e-commerce site will part ways with "between 75 and 100 staffers" and "some employees were notified of the cuts on Tuesday."
· One Kings Lane Will Cut up to 20 Percent of Its Staff [Re/Code]
· One King's Lane Ladies Introduce Their Next Home Run [Racked]