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After acknowledging overhiring during COVID-19, Wayfair has decided to reduce its global workforce by 13%, or 1,650 employees, in order to save $280 million annually.
Wayfair, an online home goods retailer, has announced plans to cut 13% of its global workforce, which amounts to around 1,650 employees.
The layoffs will primarily affect the corporate team and are expected to save the company over $280 million annually.
This decision comes after CEO Niraj Shah acknowledged that the company had overhired during the COVID-19 pandemic.
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Después de reconocer la sobrecontratación durante COVID-19, Wayfair decidió reducir su fuerza laboral global en un 13%, o 1,650 empleados, para ahorrar $280 millones al año.