Wayfair leaves Germany and makes 750 employees redundant

Featured image of the article Wayfair leaves Germany and makes 750 employees redundant

An article by Morgane Monteiro

Publication

13 January 2025 à 17h32

Updated on 24 July 2025 à 10h45

Reading time

2 minutes

Publication: 13 January 2025 à 17h32, Updated on 24 July 2025 à 10h45

Reading time: 2 minutes

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An article by Morgane Monteiro

Publication

13 January 2025 à 17h32

Updated on 24 July 2025 à 10h45

Reading time

2 minutes

Publication: 13 January 2025 à 17h32, Updated on 24 July 2025 à 10h45

Reading time: 2 minutes

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After laying off 1,650 staff in January 2024, the American furniture DNVB Wayfair (9M 2024 sales: US$8.73 billion, down 1.8%) announced on January 10, a plan to make 750 staff redundant (3% of the total workforce) due to closing the German business. Within the international business (Canada, U.K., Ireland, Germany), which accounts for 13% of Wayfair’s sales, German revenue have been disappointing. According to C.E.O. and Co-Founder Niraj Shah, “the weak macroeconomic conditions for...

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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