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Wayfair's stock tumbled after President Trump announced potentially higher tariffs on the imports of furniture into the U.S.
Wayfair said it would cut 340 jobs and use generative artificial intelligence to increase productivity following the company’s transfer of its technology resources to a cloud-computing environment.
Stock bounces off a two-year low as Wayfair says it expects to see savings its from job cuts in the second half of 2025 Wayfair Inc. has invested enough money over the years in modernizing its ...
Wayfair is shutting down its German operations and will focus international ambitions on Canada, the U.K. and Ireland. The company says the decision, which Reuters reports will cost about 730 jobs ...
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.
Wayfair’s stock soared Thursday, after the online home-furnishings retailer returned to positive active customer growth, and said recent job cuts are allowing more work to get done, and faster.