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Briefing
e-commerce

Wayfair Slashes 18% of Corporate Workforce

By
Ann Gehan
· · Source: The Information

Wayfair announced Friday it would cut 1,750 jobs, or around 10% of its workforce, as part of a continued effort to cut costs. The layoffs will include around 1,200 of Wayfair’s corporate employees, or 18% of those roles. The online furniture seller has been grappling with a slowdown in sales after a pandemic boom. The company had previously cut 870 jobs, or about 5% of its overall workforce,...

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