Wayfair waylay
off 10% workers
Reverses additions made
during Covid WFH boom
Wayfair, the $13Bn US/UK home & office furnishings etailer, just announced the layoff of 1000 workers, added to the 870 jobs cut in Aug'22. Covid proved a huge sales boost to WFH business customers, but now in reverse. Perspective means a -10% workforce cut with sales still running +40% ahead of norm 2019
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