One of the hottest clothing start-ups is suddenly laying off 10% of its staff

Instagram/nastygal Nasty Gal is starting to crumble. Bloomberg is reporting that the company is going to lay off 10% of its staff. The company's CEO Sheree Waterson told Bloomberg that axing these 19 employees is part of a "strategic restructuring." "We have seen other tech and apparel brands make similar types of business decisions recently," Waterson wrote in a memo that Bloomberg received. "It is imperative for us to be nimble and think strategically about the future of our brand." The comp...