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Boston-based Wayfair is undergoing another round of layoffs, slashing about 340 jobs and closing a hub in Texas as the online furniture retailer looks to downsize its technology team, the company ...
Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and cutting a little over 700 jobs in a bid to focus on more profitable growth ...
The company disclosed Friday that it was cutting 340 jobs, which represents roughly 12% of its technology group and 2.5% of its total workforce of 13,500 employees as of Dec. 31. Partner Center ...
Furniture retailer Wayfair (W) became the latest business to cut technology jobs, announcing a round of layoffs on Friday as official data showed further cooling in the U.S. labor market. In a ...
Shares of Wayfair closed on Friday at $44.10, down 3 percent on the day and 21 percent over the past year. The shares peaked at over $350 in March 2021. Aaron Pressman can be reached at aaron ...
Wayfair Inc. to cut around 340 technology team members Home goods e-commerce giant Wayfair revealed in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC) on March 7 that it ...
The company disclosed Friday that it was cutting 340 jobs, which represents roughly 12% of its technology group and 2.5% of its total workforce of 13,500 employees as of Dec. 31.
A number of high-profile firms in the technology sector either cut jobs in March or are said to be ... TikTok, Wayfair among companies cutting jobs. Michael Grothaus . Wed, Mar 26, 2025, 8:17 AM 5 ...