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2. Wayfair CEO Niraj Shah warns staff ‘history doesn’t reward ...

   www.aol.com/finance/wayfair-ceo-niraj-shah-warns...

   At the start of this year, the furniture retailer’s stock surged by 20% after laying off around 1,750 employees, or 10% of its global workforce. It marked Wayfair’s second round of job cuts in ...

3. Retailer Wayfair jumps on job cut plans, upbeat 2024 core ...

   www.aol.com/news/online-furniture-retailer...

   Wayfair forecast about $70 million-$80 million of costs, consisting primarily of employee severance and benefit costs, most of which would be recorded in the first quarter of 2024. Since 2021, the ...

4. Wayfair layoffs slash 13% of its workforce after CEO Niraj ...

   www.aol.com/finance/wayfair-layoffs-slash-13...

   (Wayfair’s stock surged in spring 2020 when the pandemic led to an explosion of online shopping, but then fell again in the beginning of 2022. Following Friday’s announcement—and Shah’s ...

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6. E-commerce - Wikipedia

   en.wikipedia.org/wiki/E-commerce

   E-commerce markets are growing at noticeable rates. The online market is expected to grow by 56% in 2015–2020. In 2017, retail e-commerce sales worldwide amounted to 2.3 trillion US dollars and e-retail revenues are projected to grow to 4.891 trillion US dollars in 2021. [52] Traditional markets are only expected 2% growth during the same time.

7. Savings interest rates today: High-yield accounts still offer ...

   www.aol.com/finance/savings-interest-rates-today...

   After increasing the target interest rate 11 times from March 2022 to July 2023 in an effort to combat the ... 2024, at 8:10 a.m. ET. APYs and promotional rates for some products can vary by ...