Wayfair’s stock price jumps on layoff news

January 23, 2023

Wayfair saw its stock price rise more than 20 percent on Friday after the online furniture retailer said it will cut 1,750 jobs as part of a restructuring intended to reduce costs and improve profit margins.

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Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.