Wayfair and Macy's are cutting thousands of jobs as retail layoffs deepen
Retail layoffs are hitting especially hard this week. Online furniture seller Wayfair is cutting about 1,650 jobs, or 13% of its global workforce. Macy’s is laying off about 3.5% of its total headcount, which amounts to roughly 2,350 employees, and the iconic department store is closing five…
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