While the home furnishings category may manage a slight comeback this year, Wayfair has more challenges than most.
Wayfair is exiting Germany and plans to cut as many as 730 jobs, or 3% of its global workforce. The online home goods company wants to reprioritize investments and sees a better return on other ...
The company said, “As we begin the new year, I want to share an update regarding our business. After careful consideration, we made the ...
The new layoffs follow close to 4,000 jobs cut across the company last year ... not grown as quickly in Germany as in other markets, Wayfair said. “In our recent assessment, we concluded that ...
US-based online furniture retailer Wayfair is withdrawing from the German market, impacting hundreds of jobs in the country. The decision comes as the company navigates the lingering effects of ...