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After going through two smaller rounds of layoffs in 2023, premium skincare line Matter of Fact made all remaining employees redundant last week, a person with knowledge of the matter told The Business of Beauty. It had around 13 employees, including its head office and field team.
The company, which was founded in 2018 by Paul Baek, had raised $16 million in venture capital over two years, including a $6 million round that was secured in…
