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Wayfair to exit Germany, cut 730 jobs in latest layoffs

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.

By: CNBC

Jan 10 2025
2
84 Views

Wayfair to exit Germany, cut 730 jobs in latest layoffs

Wayfair to exit Germany, cut 7

Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth drivers such as physical retail, the company said Friday.
About half of the affected employees will hav... [4236 chars]

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