Wayfair Stock Jumps on Plans to Cut 1,650 Jobs. It Admits Going ‘Overboard' in Hiring.
WWayfair(W) Barrons·2024-01-19 21:24

Wayfair, the online home furnishings retailer, said it would be cutting 1,650 jobs, acknowledging that it “went overboard in hiring during a strong economic period.” ...