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Wayfair to lay off more than 1,000 employees due to sales decline
- Wayfair Inc announced job cuts, more than 1,000 employees will be affected, according to Bloomberg news.
- In August, the company announced cuts of about 870 positions, representing about 5% of its global workforce, according to an anonymous source.
- Wayfair struggles with sales decline, due to pandemic-related revenue boom, per Bloomberg report.
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