Wayfair is laying off nearly 900 employees, the company's CEO announced. In a letter to employees, Niraj Shah said that the company has not grown as anticipated. "Our team is too large for the ...

Wayfair is laying off nearly 900 employees, the company's CEO announced. In a letter to employees, Niraj Shah said that the company has not grown as anticipated. "Our team is too large for the ...

Layoffs reach highest level since 2020, new data shows. Here's why companies are cutting jobs. ... Retailers have eliminated nearly 80,000 jobs this year, up 255% from the first half of 2024.