Friday, 24 March, 2023

Wayfair will lay off nearly 900 employees, or 5% of its workforce

<p>Wayfair announced it was letting go of close to 900 workers in order to realign its priorities for investment and address immediate business demands. This follows the company&#39;s May announcement of a hiring freeze. Nearly 5% of the company&#39;s global staff and 10% of its corporate team will be affected. Which teams directly suffered from the layoffs is unknown. A severance payout depending on geography and tenure will be given to those who are fired.</p>