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Clearco To Replace CEO And Layoff 25 Percent Staff

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In the pursuit of profit, Clearco co-founder Michele Romanow resigned as the chief executive officer of the company a little over one year after she took on the role of chief executive.

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The shift is accompanied by another batch of cuts. This time, they're affecting 30% of employees in all departments, Romanow confirms.

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Today, Clearco only has 140 staff members, less than the 500 staff it had last year.

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