Katherine Homuth, then CEO of Sheertex, checks a yarn spinning machine at a factory in Pointe Claire, Que., in February, 2024.

Sheertex tights maker SRTX Inc. has capped off a disastrous year by announcing the departure of its new CEO after less than two months on the job and launching a strategic review that could result in the sale of the company.

The company also announced temporary layoffs of nearly half of its 200 employees on Wednesday, a month after making a previous temporary work-force reduction permanent.

Founder and former CEO Katherine Homuth immediately threw her hat into the ring to return to SRTX, saying she had “submitted a proposal” to the company.

Q&A: Sheertex founder Katherine Homuth speaks about her exit – and new venture Oomira

On a LinkedIn post Wednesday, Ms. H

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