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The RealReal Trims 25% of Staff Through Layoffs and Furloughs

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The RealReal can’t sustain its full workforce through a period of plunging consumer demand and market turmoil. Luxury consignment retailer The RealReal is the latest company to reveal it is cutting back on expenses and headcount amid the COVID-19 pandemic. The firm, which employs more than 2,300, has laid off approximately 10 percent of its…

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