Furniture Retailer Wayfair To Cut 870 Jobs

Furniture Retailer Wayfair To Cut 870 Jobs

(Reuters) – Online furniture retailer Wayfair Inc said on Friday it would cut about 870 jobs, or 5% of its global workforce, as it looks to bring down operating expenses and realign investment priorities.

(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Anil D’Silva)