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Wayfair hits a milestone on path to long-awaited profitability
Wayfair hits a milestone on path to long-awaited profitability
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Boston-Based Wayfair Laying Off More Than 1,700 Workers
Boston-based online furniture retailer Wayfairer Inc. announced Friday that it’s laying off 1,750 workers, about one-tenth of its entire workforce. The cuts include 1,200 corporate workers, about 18% of all corporate employees at Wayfair. CEO Niraj Shah sent a company-wide email Friday annoucing the layoffs, calling the move “important changes to reshape our business for the future.” “We wish we…