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

eBay is laying off 1,000 employees — about 9% of its workforce. Read the memo its CEO sent to staff.

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Jamie iannone sat on a chair with his legs crossed wearing a navy blue blazer, blue and white striped shirt and chinos
Jamie Iannone announced the layoffs in a memo on Tuesday

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Meet Shein's typical shopper: The fast-fashion retailer attracts older and more environmentally conscious consumers than you might think

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Chiara Verzella and Giulia Izzo pose in Shein clothes in front of a branded step and repeat.
Influencers Chiara Verzella and Giulia Izzo attend a Shein fashion show in Ibiza, Spain. Shein is valued at $66 billion, and it generated $23 billion in revenue last year.

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Amazon is facing a lawsuit from the FTC and 17 US states. They say it's stifling competition and keeping prices high.

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An Amazon employee passes by its logo on the opening day of the new distribution center in Augny, eastern France, on September 23, 2021
Amazon is facing a lawsuit brought by the Federal Trade Commission and 17 states.

SEBASTIEN BOZON/AFP via Getty Images

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