Wayfair to exit Germany, cut 730 jobs

Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
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.
Wayfair pulling out of Germany, cutting hundreds more jobs
The cuts follow thousands of jobs eliminated across the online furniture seller worldwide over the past two years.
Wayfair announces departure from German market
Wayfair announced on Friday that it was leaving the German market after 15 years, citing lagging sales compared to Britain and "weak macroeconomic conditions" in the country.
Wayfair Is Exiting Germany, Cutting 730 Jobs. The Stock Falls.
Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and cutting a little over 700 jobs in a bid to focus on more profitable growth areas.
Wayfair’s Strategic Exit from Germany: A Positive Step Towards Enhanced Profitability
In a report released yesterday, Simeon Gutman from Morgan Stanley maintained a Buy rating on Wayfair (W – Research Report), with a price target
Online furniture retailer Wayfair to lay off 730 workers on its exit from Germany
Online furniture retailer Wayfair said on Friday it would lay off 730 employees as it exits the German market to focus on investments in core businesses.
Wayfair decides to exit the German market due to challenging conditions
Wayfair Inc. (NYSE:W) announced on Friday its decision to exit the German market. The online retailer said the pullout from Germany will be effective immediately. "Since Covid, and in particular over the past year,
Wayfair Exits German Market Amid Restructuring Efforts
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your
People on MSN32m
Wayfair Has Thousands of Bedding and Bath Finds for Up to 72% Off — Shop the 10 Best Deals
Wayfair bedding, bath linens, and other home must-haves are up to 72 percent off. Save on mattress pads, cooling pillows, ...
TMCnet54m
Wayfair and Google Cloud Announce Expanded Partnership to Transform Online Retail with Gemini
Wayfair and Google Cloud today announced an expanded partnership to significantly enhance the online retailer's product catalog with Google's advanced Gemini models on Vertex AI and to improve ...
The 17 best Wayfair couches, according to interior designers
While we’ve solicited the help of top design experts, finding the perfect sofa on Wayfair boils down to your personal needs. ...
Kelly Clarkson’s Home Collection Is Up to 83% Off at Wayfair — Score Area Rugs, Storage Ottomans, and More
Wayfair’s deals include Kelly Clarkson Home decor and furniture for up to 83 percent off. Save on area rugs, storage ottomans ...
Wayfair Waves Goodbye To Germany - Here's Why
Wayfair has decided to exit the German market. The company will now focus on its more established international markets, ...
27 Wayfair Products For Anyone Who Absolutely Thrives On Being Pristinely Organized
Promising review: "Got this for my little coffee nook. It is extremely durable! Each shelf easily holds a decent amount of ...
Hosted on MSN14h
Wayfair closing down in Tanger Outlets in Deer Park
Don’t let the door hit you on the way out. Or the patio table, dresser and storage ottoman. The much maligned Wayfair store ...