Wayfair's stock boosts after its CEO makes a tough workforce move

Wayfair's stock boosts after its CEO makes a tough workforce move

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Weeks after Wayfair CEO Niraj Shah sent a memo days before Christmas last year pushing for his workers to work “long hours” and blend together work and life, the executive has just made a major cost-cutting decision that resulted in 1,650 employees losing their jobs. In a leaked memo sent to…

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