Niraj Shah, chief executive officer of Wayfair, attends the annual Allen & Company Sun Valley Conference, July 10, 2019 in Sun Valley, Idaho.
Wayfair CEO Niraj Shah.
  • Wayfair is laying off 13% of its global workforce, or around 1,650 staff.
  • "I truly regret the impact this will have on you," CEO Niraj Shah told staff.
  • Read the full email Shah sent to Wayfair employees.

Wayfair said on Friday that it was cutting 13% of its global workforce, or around 1,650 workers.

This came only weeks after CEO Niraj Shah sent a companywide email saying Wayfair was "back to winning" but also warning that staff should be careful with its money.