Wayfair stock climbs after online retailer lays off 1,750 workers

Greg Stevens

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair‘s stock price jumped extra than 20{f32667846e1257729eaaee80e922ba34a93c6414e9ad6261aff566c043b9e75d} Friday immediately after the retail giant said it will permit go of around 1,750 staff, or 10{f32667846e1257729eaaee80e922ba34a93c6414e9ad6261aff566c043b9e75d} of its world workforce, to assistance organization-vast price tag reductions. The announcement marks Wayfair’s second spherical of job […]