Wayfair lays off more than 1,000 employees as revenue declines
Wayfair Inc. has announced a round of layoffs, with one source familiar with the matter estimating that around 1,000 employees will be laid off.
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The company announced in August last year that it would cut about 870 jobs or about 5% of its global workforce. Another such company, Wayfair Inc, has also announced a series of layoffs.
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