Gilt Groupe, the flash-sales fashion site, has confirmed that it has laid off about  10 percent of its workforce – about 90 workers – with most of the departures
coming from Gilt City, the company's daily-deals site. The company will
also close about a half-dozen offices, including those in Seattle, San
Diego, and Dallas.

Departures include two executives, John Auerbach of Park and Bond and Nate Richardson, president of Gilt City.