Thread regarding Wayfair Inc. layoffs

Something big brewing

I am hearing, atleast from few different levels that they are planning to do mass layoff in Ireland and maybe UK, and eventually exit UK like Germany..not rumors but actual talks. Can't share where and who coz i might get into trouble.

I mean I'm already seeing signs for UK, decreasing headcount each year, only bit up due to German relocation, not much profit and announcements of Canada physical store plans and aggressive US stores plans- they would need money and UK might be bleeding more money and resources.

I would be very proactive to look for jobs given perfect storm brewing.


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Post ID: @OP+1kv62tbcy

5 replies (most recent on top)

I’m not surprised by this. Unless that side of the business is wildly successful, which it isn’t and the push from Niraj to open 50+ stores in NA…I’m more shocked that we held onto it for so long. Also, Ireland/UK employees are expensive for what you get in return. Sick days on top of all the same pto US emp get and holidays every 5 minutes. Y’all are never here. And yes, we’re jealous of all of your protections and benefits. But you can’t be surprised when a US owned company can’t find the value in you anymore. Particularly if the brand isn’t thriving in your geo.

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Post ID: @hq+1kv62tbcy

@ew just wait and watch if you don't believe it, if people wants to be in delusion.. fine. Those who really wants a little bit of push to find something outside this is the time as Wayfair su-ks anyway.

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Post ID: @fh+1kv62tbcy

Cannot share too much info, but we had a meeting earlier today and this exit of Ireland did come up. Nothing said about the UK business side, but like someone replied, Q3 appears to be a possible timeline for Wayfair to close the IE side of the business. I cannot speak to the financials on here, but IE is struggling for Wayfair.

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Post ID: @f8+1kv62tbcy

@OP We have read some BS on here over the years but this beats the lot. Decreasing headcount annually, as if this is not a reflection of the entire company?

No source, an opinion on market performance rather than the slightest understanding and then, to quote EU laws when the UK are no longer part of.

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Post ID: @ew+1kv62tbcy

Heard this as well. There is talks of a massive reduction as Wayfair Shifts to a US only market. They are finding that the UK/IE market is rather difficult to penetrate due to a lot of laws around the EU. Wayfair in US and Canada (NA) are in a much stronger position then they see EU going moving forward. As the original poster mentioned, I would also be cautious for a possible exit by the end of Q3.

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Post ID: @am+1kv62tbcy

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