![]() named it the fastest-growing company in America. In 2016, Loot Crate raised $18.5 million from Upfront Ventures, Time Inc., Sterling.VC, M13, Downey Ventures, and Breakwater Investment Management, according to Crunchbase.Īt its height, Loot Crate was considered one of the fastest growing subscription-based startups, with 650,000 subscribers paying $20 per month for apparel and collectibles, according to a Los Angeles Times report. Part of the themed subscription box boom that produced jewelry-focused RocksBox, makeup-themed Birchbox, and clothing-centric StitchFix, Loot Crate was founded to cater to fans of geek culture, with boxes including swag from movies and TV shows like "Game of Thrones," "Star Trek," and "Star Wars." Today is simply the final day of our warehouse operations, and we have begun full-time packing, shipping, and receiving for our products through the third party logistics company." The employees affected were predominantly our on-call shipping and receiving staff, who were notified earlier this year when the transition process began. "This isn't closure for Loot Crate's business, and instead is the company transitioning out of our current warehouse operations to a third party logistics company. However, in a statement to Business Insider, Loot Crate says that the company is alive and kicking - but that it's closing its in-house warehouse operations and moving to a third-party logistics provider, and that the layoffs were "predominantly our on-call shipping and receiving staff." As of Wednesday, 192 LinkedIn users listed Loot Crate as their employer, so these layoffs would seem to affect a majority of its staff. The company, which sells monthly subscription boxes for "geek" culture, listed the reason for the layoffs as due to the "closure permanent" of a location in Vernon, California. Loot Crate, a consumer startup that's described itself as " Comic Con in a box," is laying off 150 employees, according to a public filing with California state authorities released this week. Visit Business Insider's homepage for more stories.This appears to be the Los Angeles based firm's second round of major layoffs - the first of which occurred in 2017, not long after the company was lauded as America's fastest-growing company.The company tells Business Insider that the layoffs are the result of a move away from operating its own warehouses, and towards using a third-party logistics provider.Loot Crate, a subscription service for gamers and pop culture fans, announced its intent to lay off 150 employees with "closure permanent," according to a filing with California state authorities. ![]() ![]() Will let you know what ultimately happens. They claim they can't find my account, but I can still login using my old credentials just fine. Oct 24 Update: I'm still able to login into my account after two bouts with Customer service. Udate Oct 20: received an email this morning requesting feedback on their customer support services, but my account is still active. They have a statement about how they do not store your billing information and finally that it will take 5-7 business days to complete the process. Oct 14 Update: Finally got an email back. Oct 12 Update: got another email saying that they're having an "increase in volume" and will get back to me as soon as possible. The auto email said it may take up to 24-48 hours for them to get back to me. Any suggestions?Įdit Oct 11: I reached out to their customer service. ![]() I've looked over their website and am 99% sure I'm just dumb and missed it, but has anyone ever permanently deleted their Loot Crate account?Īfter the insane time we had trying to cancel the subscription, I just want to be done with it.
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