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The company anticipates long-term savings from a severance investment of $33 million to $38 million by late 2025 Recent layoffs are intended to streamline infrastructure for future cost savings
Layoffs 2025 Listen Jacob Nasir Wayfair laid off about 170 Massachusetts-based employees on Friday, saying the layoffs are part of a "major transformation to modernize our. Following the announcement, Wayfair's stock saw a rise of over 5%, reflecting investor optimism. The company says these moves will help it focus on AI-driven strategies and improve efficiency, but they also highlight a growing trend of layoffs in the tech and retail sectors.
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Wayfair Layoff 2025 Lucas Ayman . The company anticipates long-term savings from a severance investment of $33 million to $38 million by late 2025 A 5% share price increase indicates strong investor confidence in Wayfair's.