I visited Wayfair's first physical store and got major Ikea vibes — with a few surprises thrown in

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Dominick Reuter at Wayfair's first store in Chicago
I visited Wayfair's first store near Chicago.

Dominick Reuter/Business Insider

Wayfair CEO says laying off workers has turned out great

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

Lucas Jackson/Reuters

It looks like remote workers are getting the boot once again

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Niraj Shah, chief executive officer of Wayfair, attends the annual Allen & Company Sun Valley Conference, July 10, 2019 in Sun Valley, Idaho.
Wayfair targeted remote workers in its latest layoffs, it was reported.

Drew Angerer/Getty Images

Macy's and Wayfair start the year off with layoffs. Here are the major retailers making cuts in 2024.

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Macy's.
Macy's is cutting jobs and closing stores.

Noam Galai/Getty Images

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

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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.

Scott Olson / Getty Images

The internet's biggest businesses have a looming growth problem

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Giant Tortoise
A Galapagos giant tortoise is pictured before its annual weighing at Riga Zoo.

Reuters/Ints Kalnins

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

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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.

Scott Olson / Getty Images

The full list of major US companies slashing staff this year, from Hasbro to Amazon

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Hasbro toy display
Hasbro is cutting around 20% of its workforce, its CEO announced. The company is facing continued slow sales even into the toy-heavy holiday season, he said.

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Vans' parent company is laying off 500 employees. Here's the full list of major retailers making cuts, from Gap to Walmart.

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A person wears checkerboard Vans sneakers at New York Fashion Week on February 12, 2022.
A person wears checkerboard Vans.

Edward Berthelot/Getty Images

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