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- 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.