Wayfair layoffs, on the record
Every job cut, severance charge and restructuring Wayfair reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 14,400 | December 31, 2023 |
| 10-K for 2024 | approximately 13,500 | December 31, 2024 |
| 10-K for 2025 | approximately 12,800 employees | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryWayfair announced a January 2023 update to its cost efficiency plan that included a workforce reduction; it recorded charges mainly for employee severance and benefits.
Word for word“In January 2023, Wayfair announced an update to the Company's cost efficiency plan, including a workforce reduction involving approximately 1,750 employees.” 10-K for 2023
Our summaryWayfair recorded restructuring charges for the January 2023 workforce reductions, consisting primarily of one-time employee severance and benefit costs.
Word for word“During the year ended December 31, 2023, we incurred $65 million of charges consisting primarily of one-time employee severance and benefit costs associated with the January 2023 workforce reductions.” 10-K for 2023
Our summaryWayfair announced a workforce realignment plan that includes a workforce reduction; it expects severance and benefit costs, mostly in the first quarter of 2024.
Word for word“As a result, Wayfair expects to incur between approximately $ 70 million and $ 80 million of costs, consisting primarily of employee severance and benefit costs, most of which are expected to be incurred in the first quarter of 2024.” 10-K for 2023
Our summaryWayfair recorded restructuring charges for the August 2022 workforce reductions, consisting primarily of severance and benefit costs; these are prior-year charges shown for comparison.
Word for word“During the year ended December 31, 2022, we incurred $31 million of charges consisting primarily of one-time employee severance and benefit costs associated with the August 2022 workforce reductions.” 10-K for 2023
Our summaryWayfair announced a workforce realignment plan with a workforce reduction of about 1,650 employees, with charges recorded in 2024 mainly for severance and benefits.
Word for word“In January 2024, Wayfair announced a workforce realignment plan, including a workforce reduction involving approximately 1,650 employees.” 10-K for 2024
Our summaryWayfair announced its decision to exit the German market, including a workforce reduction, with expected aggregate charges.
Word for word“On January 10, 2025, Wayfair announced its decision to exit the German market, herein referred to as the Germany Restructuring, including a workforce reduction impacting approximately 730 employees, although Wayfair expects approximately half of these positions to relocate to other corporate offices.” 10-K for 2024
Our summaryWayfair recorded impairment charges tied to its German operations during 2024.
Word for word“During the year ended December 31, 2024, Wayfair recorded impairment charges of $ 34 million associated with weakened macroeconomic conditions in connection with our German operations.” 10-K for 2024
Our summaryWayfair recorded severance and benefit charges tied to the August 2022 workforce reductions.
Word for word“During the year ended December 31, 2022, Wayfair incurred $ 31 million of charges consisting primarily of one-time employee severance and benefit costs associated with the August 2022 workforce reductions.” 10-K for 2024
Our summaryWayfair announced a workforce reduction in its Technology team and recorded charges for it during 2025.
Word for word“On March 7, 2025, Wayfair announced a workforce reduction involving approximately 340 members of its Technology team.” 10-K for 2025
Our summaryWayfair recorded one-time severance and benefit costs in 2024 tied to a workforce reduction that took place in January 2024.
Word for word“During the year ended December 31, 2024, Wayfair incurred $79 million of charges consisting primarily of one-time employee severance and benefit costs associated with the January 2024 workforce reduction.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2020-12-31 | $4 million |
| 2021-12-31 | $0 |
| 2022-12-31 | $31 million |
| 2023-12-31 | $65 million |
| 2024-12-31 | $79 million |
Wayfair filed 5 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Wayfair’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.