Wayfair to exit Germany, cut 730 jobs

Wayfair exits German market and cuts hundreds of jobs
Wayfair has faced significant challenges in expanding its market presence and enhancing unit economics in Germany.
Wayfair pulling out of Germany, cutting hundreds more jobs
The cuts follow thousands of jobs eliminated across the online furniture seller worldwide over the past two years.
Wayfair announces departure from German market
Wayfair announced on Friday that it was leaving the German market after 15 years, citing lagging sales compared to Britain and "weak macroeconomic conditions" in the country.
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.
Wayfair to leave German market, cut 730 jobs
The company said, “As we begin the new year, I want to share an update regarding our business. After careful consideration, we made the
Online furniture retailer Wayfair to lay off 730 workers on its exit from Germany
Online furniture retailer Wayfair said on Friday it would lay off 730 employees as it exits the German market to focus on investments in core businesses.
Wayfair Is Exiting Germany, Cutting 730 Jobs. The Stock Falls.
Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and cutting a little over 700 jobs in a bid to focus on more profitable growth areas.
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