Wayfair Stock Discussion

Gutman maintains a bullish stance on Wayfair due to its cost discipline and growth potential in a recovery. Despite the market favoring home-oriented stocks, Wayfair isn't reaping the same benefits. Analysts and Seeking Alpha authors recommend buying Wayfair stock, while Seeking Alpha's Quant Rating suggests holding.

CEO Niraj Shah is optimistic about the company's future, stating the hardest work is behind them and they are moving forward adroitly. He also mentioned their market share has grown to record highs and believes the best is yet to come.

Griffin's upgrade of Wayfair shows his faith in the company's growth and the furniture industry's recovery. He also sees Wayfair's cost-cutting measures as a path to significant EBITDA growth, despite a potentially rocky demand recovery for home furnishings.

1. Twitch: 35% of workforce
2. Hasbro: 20% of workforce
3. Spotify: 17% of workforce
4. Levi's: 15% of workforce
5. Zerox: 15% of workforce
6. Qualtrics: 14% of workforce
7. Wayfair: 13% of workforce
8. Duolingo: 10% of workforce
9. Washington Post: 10% of workforce
10. eBay: 9% of workforce
11. Business Insider: 8% of workforce
12. Charles Schwab: 6% of workforce
13. Blackrock: 3% of workforce
14. Citigroup: 20,000 employees
15. Pixar: 1,300 employees
In 202...

The decision to lay off remote workers and encourage in-office work reflects a broader debate about remote work's impact on collaboration and productivity. The layoffs could potentially affect Wayfair's stock performance and investor sentiment.