Wayfair layoffs hit remote workers as staffers fret over future

Jan 24, 2024 · Wayfair layoffs hit mostly remote workers, staffers fret over company’s future By . Ariel Zilber. Published Jan. 24, 2024, 12:43 p.m. ET. Explore More

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Wayfair Lays Off 13% Of Its Workforce Weeks After Telling Employees …

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Jan 19, 2024 · Wayfair is laying off 1,650 employees, amounting to 13% of its global workforce, as the online home goods retailer struggled to rebound following its success amid pandemic …

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It Looks Like Remote Workers Are Getting The Boot Once Again

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Jan 24, 2024 · Wayfair targeted remote workers in layoffs of 13% of its staff, The Wall Street Journal reported. The Wayfair job cuts follow return-to-office mandates from the likes of …

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Wayfair Lays Off 13% Of Employees Weeks After CEO Told Workers …

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Struggling online retailer Wayfair on Friday said it will slash around 1,650 employees — or 13% of its global workforce of roughly 14,000 — just weeks after its billionaire CEO caused a stir ...

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Wayfair Targets Remote Work Amidst Major Layoffs - Investing.com

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Jan 23, 2024 · As Wayfair's stock fluctuates, down 80% from its peak in 2021, the company's adaptation to the evolving e-commerce landscape and its stance on remote work will be …

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Wayfair Lays Off 1,650 Employees In Latest Restructuring

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Jan 19, 2024 · Wayfair lays off 1,650 employees in latest restructuring The job cuts, the third round in about 18 months, affect 13% of its global workforce and 19% of its corporate team. …

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Wayfair Lays Off 13% Of Its Workforce Just Weeks After Telling

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The layoffs come after its CEO and co-founder, Niraj Shah, went viral for sending out a year-end note to staffers telling them that “working long hours, being responsive, blending work and life ...

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Wayfair To Lay Off 13% Of Workforce, Affecting 1,650 Employees

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Jan 19, 2024 · 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 …

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FAQs about Wayfair layoffs hit remote workers as staffers fret over future Coupon?

Are Wayfair employees more likely to be laid off?

The Wall Street Journal reported that Wayfair executives on Tuesday told employees at a company-wide meeting that staff who worked remotely “were more likely to be laid off” in those cuts, which will affect around 1,650 employees, or 13% of the company’s global workforce. Those layoffs were announced on Friday. ...

Are Wayfair job cuts affecting remote workers?

The recent round of job cuts announced by Wayfair is primarily affecting remote workers as staffers fretted over the future of the home decor site during a tense all-hands meeting, according to a report. ...

How many remote workers does Wayfair employ?

Wayfair employees grilled CEO Niraj Shah on Tuesday about a memo sent last month urging them to log more hours and work harder in the weeks before the firm announced it was shedding 1,650 staffers — or 13% of its global workforce of around 14,000 people. It is unclear how many remote workers Wayfair employs. ...

Why is Wayfair laying off 13% of its workforce?

CNN’s Nathaniel Meyersohn contributed to this report. Wayfair is laying off 1,650 employees, amounting to 13% of its global workforce, as the online home goods retailer struggled to rebound following its success amid pandemic lockdowns. ...

How many employees did Wayfair lay off?

Wayfair has laid off about 1,650 employees, the company said Friday. The online home decor retailer said the cuts represent about 19% of its corporate team and 13% of its global workforce. The move is expected to give the company more than $280 million in annualized cost savings. About $150 million of that will come from cash compensation savings. ...

Did Wayfair target remote workers?

Wayfair targeted remote workers in its latest layoffs, it was reported. The days of fully remote working are under threat as tech execs continue to cut costs. Wayfair targeted remote workers in layoffs of 13% of its staff, The Wall Street Journal reported. ...