Wayfair is laying off more than 500 workers

Wayfair confirmed to Business Insider on Thursday that it is laying off 3% of its global workforce, which works out to be more than 500 employees.
In a statement emailed to Business Insider, a company spokesperson said that 350 jobs would be impacted in its Boston headquarters.
Employees were informed of layoffs in a company-wide email sent by its CEO on Thursday morning ET.

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