Wayfair preparing to terminate job to over 1,000 workers

Online furniture retailer Wayfair is preparing to terminate job to over 1,000 workers, or more than 5 percent of its workforce, the Wall Street Journal reported.
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The company said in August it was cutting about 870 jobs, or about 5 percent of its global workforce at that time, in a bid to trim operating costs amid waning demand for furniture and home decor from pandemic highs.