Wayfair

Wayfair lays off 550 employees to “increase efficiencies”

🌎 Boston ∙ 👩‍💼 550 employees (3%) ∙ 🖥 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.