Morphe was valued at $2.2 billion in 2019.
As the coronavirus continues to affect businesses across the globe, cult cosmetics brand Morphe has temporarily laid off at least 210 employees in California, public documents show.
The brand, which sold a 60 percent stake to private equity firm General Atlantic in 2019 at a $2.2 billion valuation, has temporarily let go of many workers across California as of April 21, documents show. Morphe declined to provide further detail or comment, but many of the layoffs were in cities where Morphe stores were located.