Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Wayfair cutting 1,750 jobs, double the size of August layoffs

Por: The Boston Globe Tech January 20, 2023

thumbnail

Online retailer Wayfair announced on Friday its second round of layoffs in less than six months, with a plan to cut 1,750 jobs, or 10 percent of the company’s workforce. That includes 937 people who work in Boston or work remotely and report to managers in Boston.Combined with the 870 jobs and other spending reductions, Boston-based Wayfair said it would be saving $1.4 billion on an annual basis in an effort to return the company to... + full article



Similar News

For Wayfair, it’s layoffs in Boston and new hires in India

The Boston Globe USA Tech January 26, 2023

thumbnailWayfair is expanding its hiring in India at the same time as it is cutting 1,750 jobs, more than half of them in the Boston area, as part of a $1.4 billion cost-savings plan.The Indian workers will staff a new technological development center Wayfair is opening in Bengaluru... + más

Wayfair, once a growth engine of the city, makes deep cuts as tech sector reels | The Boston Globe

Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs | MarketWatch


Wayfair, once a growth engine of the city, makes deep cuts as tech sector reels

The Boston Globe USA Tech January 21, 2023

thumbnailLess 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

Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs | MarketWatch


Wayfair cutting 10% of workers as layoffs mount

Fox Business USA Business January 20, 2023

thumbnailThe Board Curators founder and CEO Daphne E. Jones argues Big Tech 'is going to come back' after massive industry layoffs. is cutting 10% of its global workforce as layoffs in the tech industry mount.  The discount home retailer plans to shed 1,750 jobs as outlined in... + más

Wayfair, once a growth engine of the city, makes deep cuts as tech sector reels | The Boston Globe

Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs | MarketWatch


Wayfair stock climbs after online retailer lays off 1,750 workers

CNBC USA Business January 20, 2023

thumbnailIn this articleNiraj Shah, CEO, WayfairAshlee Espinal CNBC's stock price jumped more than 20% Friday after the retail giant said it will let go of roughly 1,750 employees, or 10% of its global workforce, to support company-wide cost reductions.The announcement marks... + más

Wayfair, once a growth engine of the city, makes deep cuts as tech sector reels | The Boston Globe

Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs | MarketWatch


Wayfair planning second round of job cuts

The Boston Globe USA Tech January 19, 2023

thumbnailBoston-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

Wayfair, once a growth engine of the city, makes deep cuts as tech sector reels | The Boston Globe

Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs | MarketWatch


NFL Week 17 playoff picture and clinching scenarios: Bucs win NFC South; Giants clinch wild card

ESPN USA Sports January 02, 2023

thumbnailWith just two weeks left in the , the is shaping up. More teams have claimed their spots in the NFC and AFC. However, the race to the playoffs continues as top teams in both conferences are still looking to lock in their spots for the and have a chance to do so in .The clinched... + más

NFL Playoff Scenarios | ABC News

NFL Week 16 playoff picture and clinching scenarios: Bills win AFC East, Ravens clinch playoff berth | ESPN


Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs

MarketWatch USA Business November 15, 2022

thumbnail“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

A Tesla stock plunge could destroy 'zombie stocks' such as GameStop and Peloton, warns equity research firm New Constructs | MarketWatch



About iurex | Privacy Policy | Disclaimer |