Wayfair Layoffs 2024: What to Know About the Latest W Job Cuts
WWayfair(W) InvestorPlace·2024-01-19 22:07

Wayfair (NYSE:W) layoffs are a hot topic on Friday as the e-commerce company announces major cuts to its workforce to streamline operations. That has the company cutting 1,650 employees or 13% of its total global workforce. These Wayfair layoffs will also result in 13% of its corporate workers no longer having jobs with the furniture e-commerce business. Wayfair is expecting the layoffs to result in 70millionto70 million to 80 million in costs connected to severance a benefits. These charges will mostly be contained ...