Companies in several sectors have decreased their teams as a consequence of a shifting sales climate following the pandemic’s peak phase and said they now need to conserve money since expenses have lately climbed and worries of a recession remained. According to the Boston Globe and Forbes, Wayfair fired off around 550 employees in February 2020, with Shah citing Wayfair’s “rapid pursuit of expansion,” which “had its consequences.” Wayfair announced a hiring freeze that will run 90 days in May of this year.
Image Source - Twitter
