I don't pay much attention to rumors because some people just like to create panic.
On the other hand, there are not many arguments to make a strong claim that there will be no cuts, right?
The company has been doing badly for a long time, so it is better to be prepared and hope for the best.
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Welp the WSJ just posted about the layoffs so it's not just a rumor. Did you think that Meta, microsoft, amazon were going to layoffs but Wayfair wasn't for some reason????
They are definitely going to happen. If they weren't, leadership would dispel them.