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.
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 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’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
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 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
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, ...
Wayfair price target raised to $51 from $44 at BofA
BofA raised the firm’s price target on Wayfair (W) to $51 from $44 and keeps a Neutral rating on the shares. The firm notes that on Friday, ...
Wayfair eyes physical retail as it slashes over 700 jobs
Budget-furniture seller Wayfair (W) is shifting its focus toward physical retail stores and North American markets as it cuts ...
TMCnet6h
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 ...
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 ...
Parade Home & Garden on MSN3d
Wayfair Is Selling This 'Beautiful' 9-Piece Comforter Set for Just $61, and Shoppers Say It 'Brightens Up the Room Perfectly'
Buying a complete all-in-one bedding set can prove pretty expensive, especially if you want something with fabric woven from ...
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. ...
bovnews1d
Wayfair Inc (W) Shock: Unpacking Today’s Price Drop
Wedbush has recently reduced Wayfair Inc (W) stock to Neutral rating, as announced on January 6, 2025, according to Finviz. Earlier, on November 4, 2024, Needham had reiterated the stock to Buy, ...