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Furniture Retailer Wayfair To Cut 870 Jobs

The Cheap InvestorAugust 19, 202201 mins

(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)

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