Wayfair reports second-quarter revenue of $3.12 billion, down from $3.17 billion a year earlier. Barron's Home-Furnishings Decline Is Mirroring the ‘Great Financial Crisis.’ ...

Wayfair is cutting about 870 employees, or 5% of its global workforce, as part of a plan previously announced by the home goods company to manage operating costs and realign its investment ...

Wayfair announced on Friday that it is laying off nearly 900 employees, or 5% of its workforce worldwide. The Boston home goods company is cutting about 870 jobs. Wayfair reported a 55% sales ...

Wayfair's steep valuation premium ignores limited growth, lack of competitive edge, and market challenges. Read here for more ...

News Wayfair to Cut 1,750 Jobs, 10% of Staff, After Sales Decline Wayfair said the reductions would include about 18% of corporate employees, reflecting efforts to eliminate management layers and ...

The CEO of Wayfair compared the company’s disappointing sales report to trends they saw during the 2008 recession, saying that consumers are still “cautious” about spending money, as fears ...

Wayfair announced on Friday that it is laying off nearly 900 employees, or 5% of its workforce worldwide. The Boston home goods company is cutting about 870 jobs. Wayfair reported a 55% sales ...

Wayfair's financial position is precarious, ... In my opinion, Wayfair's financial position implies it cannot afford the 10-30% decline in sales that would likely occur during a recession.

Wayfair ended the fourth quarter with 21.4 million customers, a 4.5% decline from the year-ago period. Revenue per active customer in the last year was $555, up from $537 in the fourth quarter of ...

In the quarter ended June 30, Wayfair’s sales fell by 2% to $3.12 billion while reported a loss of $42 million or 34 cents per share. 3 The company has had two massive layoff rounds within the ...

Wayfair CEO says home good sales decline is reminiscent of 2008 recession. High interest rates combined with inflation have contributed to a slowdown in home furnishing and good sales .