US online retailer Wayfair is set to cut 1,650 jobs, amounting to 13% of its workforce, following a controversial memo from CEO Niraj Shah. In the leaked memo, Shah urged employees to work longer hours, prompting public backlash and calls for a boycott.
The chief executive of Wayfair has used his end-of-year-message to tell employees they need to work harder and that laziness is not often rewarded with success .