Wayfair said in January 2023 that it would cut 10% of its workforce, or about 1,750 jobs. Other retailers, including Macy’s, Hasbro and Etsy, recently announced workforce reduction plans.

Wayfair's stock tumbled after President Trump announced potentially higher tariffs on the imports of furniture into the U.S.

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.

Online furniture retailer Wayfair Inc said on Friday it will cut 1,750 jobs, or 10% of its workforce, in a cost-saving drive at a time when persistently high inflation has pressured consumer spending.

HAMPSHIRE. JENNIFER EGAN WCVBILLIONEWSCENTER FIVE. JEN, THANK YOU FOR THAT. BOSTON BASED WAYFAIR IS ANNOUNCING ANOTHER ROUND OF WIDESPREAD JOB CUTS. THE ONLINE HOME FURNISHINGS SELLER IS SHEDDING ...

Wayfair Inc. said it's cutting about 1,750 jobs, or 10% of its workforce, becoming the latest company to seek to bring costs in line with a new economic reality.

The company disclosed Friday that it was cutting 340 jobs, which represents roughly 12% of its technology group and 2.5% of its total workforce of 13,500 employees as of Dec. 31.

Shares of Wayfair are sliding by more than 15% after the discount furniture retailer said it’s axing 870 jobs or 5% of its workforce, the company said on Friday in a regulatory filing.