Wayfair

Wayfair lays off 550 employees to “increase efficiencies”

๐ŸŒŽ Boston โˆ™ ๐Ÿ‘ฉโ€๐Ÿ’ผ 550 employees (3%) โˆ™ ๐Ÿ–ฅ All departments

Wayfair, the publicly-traded online furniture retailer, is laying off 550 employees (3% of its workforce), primarily in Boston. Reports say that after years of prioritizing growth over profits, layoffs were needed to get costs more in line.