MyTheresa Announces 700 Layoffs at YNAP Corporation
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
MyTheresa has announced a significant restructuring plan that includes 700 layoffs at YNAP Corporation. This decision is part of a broader strategy to streamline operations and improve efficiency within the company. The layoffs are expected to impact various roles, although specific departments and locations have not been disclosed. This move reflects the ongoing challenges faced by YNAP Corporation in the competitive online retail market. The restructuring aims to position the company for future growth despite the current economic pressures.
YNAP Corporation cut 700 jobs as of September 4, 2025.
That is roughly 46.7% of the 1,500 people YNAP Corporation employs.
LayoffTalk has tracked 4 layoff events at YNAP Corporation since September 2025, including 136 jobs documented in official WARN filings, with 2 additional events known from news reporting.
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