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Barchart
Barchart
Anushka Mukherji

Wayfair Is Replacing Its Workers With Technology. Does That Make W Stock a Buy Now?

Wayfair TDC

Over the past five years, Wayfair (W) has transformed its technology stack through comprehensive re-platforming and migration to the cloud. As part of this evolution, the company laid off approximately 340 employees. 

In a move to optimize operations, Wayfair has also streamlined its technology development center (TDC) footprint, which led to the closure of its Austin, Texas-based TDC. 

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