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Fashion Tech Platform Zilingo Lays Off 44, Tables Expansion Plans

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Zilingo, a Singapore-based B2B fashion technology platform, has laid off 44 of its 900 global employees as part of a company-wide restructuring measure to refocus on Asia and emerging markets. In cutting nearly 5 percent of its workforce, the company is streamlining its business to focus on profitability and putting expansion efforts on hold in…

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