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Online furniture giant Wayfair is to let go about 1,650 staff members. In what was described as a “workforce realignment plan”, the figure represents 13% of Wayfair’s global workforce and 19% of the corporate team. CEO Niraj Shah said the changes reflected a return to the company’s core principles on resource allocation, and would result
Wayfair says the company went overboard in hiring during a strong economic period, Wayfair Lays Off 1,650 Employees Weeks After Its CEO Asked Them To Work Hard