Wayfair stock climbs after online retailer lays off 1,750 workers
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair‘s inventory rate jumped extra than 20{6b977529af4b490fe19a3f85472c6203ccfa467a56646e317a890c6580e8b827} Friday just after the retail large explained it will enable go of roughly 1,750 staff, or 10{6b977529af4b490fe19a3f85472c6203ccfa467a56646e317a890c6580e8b827} of its world wide workforce, to guidance enterprise-large price reductions. The announcement marks …

