Layoffs In January 2024. (1) the layoffs and discharges level is the number of layoffs and discharges during the entire month. Wayfair is laying off 1,650 employees, amounting to 13% of its global workforce, as the online home goods retailer struggled to rebound following its success amid pandemic.
Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand. View site on a desktop to sort, filter, search.