Wayfair CEO says laying off workers has turned out great

Tech Insider
image of Conine and Shah smiling at stock exchange
Steve Conine (left) and Niraj Shah (right).

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Read the email Wayfair's CEO sent to staff announcing that it's laying off 13% of its workforce

Tech Insider
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.

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Wayfair is slashing 1,650 jobs just weeks after the CEO said it was profitable again

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Niraj Shah, co-founder of Wayfair
Wayfair CEO Niraj Shah.

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Wayfair CEO tells employees the company is profitable once again — but to expect long hours and 'blending work and life'

Tech Insider
Niraj Shah, co-founder of Wayfair
Wayfair's CEO celebrated the company's return to profitability in an email obtained by Business Insider, but told employees he expected them to be frugal and be open to working long hours.

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