All the big tech layoffs of 2023
Wayfair layoffsAmazon isn't the only major online retailer scaling back in 2023. Wayfair said in late January that it would, or 10 percent of its global headcount. About 1,200 of those were corporate staff cut in a bid to"eliminate management layers" and otherwise help the company become leaner and nimbler. Wayfair had been cutting costs since August 2022 , but saw the layoffs as helping it reach break-even earnings sooner than expected.
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