🌎 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. The company, known for its vast selection of home goods, from sofas to custom framing, is now focusing on operational efficiency.