Por: NBC News Business January 19, 2024
Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut out layers of management and reduce costs, it announced Friday. The company plans to lay off around 1,650 employees, including 19% of its corporate team, with a focus on people in management and leadership positions, the company said. The restructuring — the third Wayfair has implemented since summer 2022 — is expected... + full article
MarketWatch USA Politics January 19, 2024
In a statement released early Friday, Wayfair said that its workforce-realignment plan is expected to deliver annualized cost savings of more than $280 million. “While today’s actions will bolster our Adjusted EBITDA roadmap, I am increasingly focused on generating Adjusted... + más
Wayfair Isn’t Playing Fair, Say Suppliers In Explosive Lawsuit | Forbes
Wayfair, once a growth engine of the city, makes deep cuts as tech sector reels | The Boston Globe
New York Post USA Life October 25, 2023
No, it’s not too early to talk about (and by holiday decor, we mean all things Christmas). And, it’s not the wrong time to pick up a soiree of stockings, and other festive decor on sale. Enter — Wayfair’s two-day shopping event where you’ll find up to 80% off sitewide... + más
Wayfair’s Way Day sale October 2023: Dates, early deals and more revealed | New York Post
New York Post USA Life October 23, 2023
The New York Post is consistently on the hunt for not only the best products and services to shop but also the best deals on the market (you know, so you can spend your hard-earned coin wisely). Now, it’s important to keep note of when is taking place. This is Wayfair’s... + más
Best Wayfair holiday decorations on sale now for Way Day October 2023 | New York Post
Forbes USA Business February 11, 2023
By Virginia Van Zandt The ways of Wayfair aren’t fair, say a number of its longtime suppliers in a recent federal lawsuit. In legal filings, the embattled online retail giant and the mom-and-pop shippers and warehousers that supply the furniture for its customers have... + más
Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs | MarketWatch
The Boston Globe USA Tech January 21, 2023
Less than five years ago, Boston online retailer Wayfair was , hiring hundreds of new staff a month and moving into new spaces, such as the massive Boylston Street office complex that once housed Houghton Mifflin Harcourt.Counting its offices in Copley Place, the company was one... + más
Wayfair planning second round of job cuts | The Boston Globe
The Boston Globe USA Tech January 19, 2023
Boston-based Wayfair plans to announce on Friday its second major round of layoffs in less than six months, as the online retailer continues to deal with falling sales and supply chain tangles.The expected cuts follow a by Wayfair in August.The earlier round of cuts, which... + más
MarketWatch USA Business November 15, 2022
“Companies that inherently struggle to produce real cash flows, like Wayfair, are at risk of their stock price going to $0,” wrote New Constructs CEO David Trainer, in a note. Since New Constructs put Wayfair in its “Danger Zone” in March 2015, the stock has outperformed... + más
A Tesla stock plunge could destroy 'zombie stocks' such as GameStop and Peloton, warns equity research firm New Constructs | MarketWatch
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