Wayfair layoffs slash 13% of its workforce after CEO Niraj Shah warned staff 'laziness isn't rewarded'

Wayfair layoffs slash 13% of its workforce after CEO Niraj Shah warned staff 'laziness isn't rewarded'

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On Friday, online furniture and home goods retailer Wayfair announced it was laying off about 1,650 global employees—13% of its workforce. Despite the fact that Wayfair, per an email co-founder and CEO Niraj Shah sent to “Wayfairians” announcing the news, has been “consistently profitable” and is…

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